WOW FACTOR CAFE - NET PROFIT $255,000PA +
CITY OF MELVILLE WA
Last asking price $695,000
Sold June 2023
Food & Drink
- Blue chip suburb south of the river
- Stunning brand new fit out and immaculate presentation
- Very strong annual revenue of in excess $1,200,000 excluding GST
- Above average gross profit margins
- Currently run under full management and returning the owner in excess of $200k pa. A single owner operator would net around $250-275kpa and a couple in excess of $300,000pa.
- Full time head chef and 2 supervisors in place and want to remain working with the business
- The business closes at 4pm daily
- Huge potential to trade evenings maybe only on the weekends.
- 15+ years remaining on the lease
- Well documented business that will impress!
FOR FURTHER DETAILS PLEASE CONTACT
JONATHON PARKER ON xxxxx
xxxxx
NICK COBILIS ON xxxxx
xxxxx
PLATINUM BUSINESS SALES
xxxxx
Perth's Premier Hospitality and Retail Business Brokers.