Presenting a unique opportunity to buy a highly successful Bar & Restaurant and gain its huge social media presence and unique reputation. The financials speak to the success of the business, with a gross profit Margin in 2023 of 72%, and a net profit of Circa $580,000 for FY23. Its currently run under management with the owners spending less than 3 hours a week on the business. Located in one of the busiest hospitality areas in Perth, with high foot traffic going past. The business proudly boasts being the first crowd-funded permanent restaurant in Australia.
Key Factors Include:
Run Under Managment
72% Gross profit margin
High Social Media Following & Presence
Winner of a Major Hospitality Award in 2023
Please Contact Graeme Clarke to discuss further details of this opportunity.
This business has been listed for sale by Graeme Clarke at Goodwin Mitchell O'Hehir & Associates and has been described by the agent as ‘The "Bar & Restaurant" Everyone in Perth is Looking for’.
If you would like to get in touch with Graeme Clarke regarding this business, please call 0413 732 053 or contact the agent via email.