Asking Price:$150K + $800K for Property
Here is a fantastic opportunity to acquire a popular Japanese restaurant in the heart of Perth. The traditional restaurant is nestled near several high-quality hotels that accommodate thousands of affluent visitors to Perth’s CBD. With immaculate premises and excellent equipment, this business is primed for restaurant, café or trendy bar operations. The quality location can also be utilised for new concepts under a passionate food entrepreneur.
The current owners are retiring soon, and the loyal customer base wants them to remain open longer and more often. It indicates growth opportunities for a younger operator who can rebrand the business as the ‘hot new city eatery and bar’. The new concept may emerge very profitably via promotions through a smart range of targeted social media.
The 117m2 restaurant is fully equipped and has a spacious, high-quality commercial kitchen with a wide bar leading to an ‘L-shaped’ dining area. The eatery includes an entry lobby, a handy storeroom, a discreet refrigerated wine cabinet, and a rare single 17m2 ‘undercover’ car bay.
The sales turnover is low, as the owner is waiting to retire. However, they have enjoyed fine rewards over decades in very similar restaurants. The high-potential business can be easily revived by the buyer, who can consider purchasing the premises to enhance or diversify superannuation. The outgoing owner is ready to offer a pragmatic lease [with a property purchase option] for the suitably qualified operator. The business is available at $150,000, and the property is anticipated to sell at approx. $800,000.
Features of the Business:
- Strategically located Japanese restaurant in Perth
- Ideal for family operations and suitable for new concepts
- Spacious eatery with high-quality commercial kitchen
- Intimate dining space, just a quick stroll to the Swan River
- Suitable for a versatile chef and knowledgeable barista
- Freehold or leasehold opportunity for interested buyers
This high-exposure restaurant located near the CBD is primed for growth. Offering the perfect location and set-up, it can be leveraged by a far-sighted owner to build a successful business. Contact us today to learn more about this incredible opportunity!
