Whether its Profits, Potential or an unbeatable Paella you’re after, look no further!
(GMO Ref. 6024)
This inviting 2-storey laneway bar has fast been making a big name for itself in Perth, providing an outstanding casual Spanish dining experience to its regular jubilant crowd. For the first time on the market, this is the opportunity you’ve been waiting for!
Currently run under-management – would be even more profitable to owner operator
Located on busy CBD street in central nightlife hub and near 2 significant developments (Queens Square & Raine Square)
Upward trending sales and profitability – $1.28M turnover (2016/17)
Turnover up 40% (over $70k increase) in first quarter of 2017/18 compared to first quarter last year
Sophisticated fit out with eclectic decor
Long lease with recently reviewed rent adjustment
Coined as “A well-executed offer” by renowned West Australian Newspaper food critic Rob Broadfield, this establishment offers plenty to keep the customers coming back and the ever-shifting Perth bar culture on its toes.
Contact Anthony or Murray today for more information:
Anthony Princi | 0421 924 964 | firstname.lastname@example.org Murray Brown | 0438 954 701 | email@example.com
MEET THE AGENT
Anthony Princi has been a successful owner and creator of several hospitality businesses including franchising and he is expert in understanding the intricacy of the licensed premises sector.
Anthony comes from a family with a rich tradition of business success, particularly in the food manufacturing industry. He is an early user and innovator in the use of social media marketing to promote SME. Anthony is the proud father of two young children and understands the work-life balance required to be a successful business proprietor combined with a rewarding lifestyle.
CLIENT TESTIMONIALS"I have always looked to GMO for advice and results, and will continue to recommend them.
Most recently Anthony guided me with clarity and support during the sale of my café and minimised what could have been a very emotional and stressful period.
He is highly professional and knowledgeable and worked tirelessly to achieve positive outcomes for everyone."
Cafe Owner - Sold for $560,000
"Anthony Princi is an energetic, wonderful professional!From our initial meeting through to settlement, Anthony provided an amazing level of assistance, tirelessly followed up every lead, requested all relevant information and whilst providing boundless assistance to me as a seller, he saw to the enquiring buyer with a level of professionalism and care that always seemed to go beyond his role. He is a broker in touch with the current market and I can without a doubt recommend this wonderful man.My sincere thanks Anthony for all your amazing assistance and to our exciting outcome of a sale!"
"We entrusted Anthony in the sale of our retail business and could not speak more highly of our experience with him. In a challenging market and what was a very stressful time for us, Anthony guided and supported us through the entire process and often went above and beyond any expectations. His experience, knowledge, understanding and tremendous people skills ensured we received the best possible outcome. We would, without doubt, use him again and would highly recommend Anthony to any family and friends needing a broker they can truly depend on. “Again Anthony, thank you so much for all your hard work in the sale of our business”
Jess Chisari & Joel Sneeuwjagt
"Thank you Anthony for achieving an outstanding result in the sale of my business. You were bang on with the asking price which you were able to reach and it happened quickly and with minimal stress. This was done in a time when I was told that it would be difficult to sell for a price I wanted “in the current market conditions”. I must congratulate my accountant Leon for putting me on to you as the process of listing the business for sale, going to market and taking the buyers through to settlement just seemed to happen quite seamlessly. I have already recommended your services to my friends as I trust that you would look after them just as you did for me in the sale of my business."
Michael Allegretta, Seller -Simara Blends & The Little Concept Café
"I knew that the business we had to sell was going to be a tricky proposition and we needed the deal to be done with a certain amount of attention to detail, so I’m really glad we engaged Anthony to handle this for us. He was able to find the right buyer, negotiated a great deal and worked with great diplomacy throughout. The fact the deal was able to get through is a testament to his professionalism and determination to get us the result we were looking for.
I would have every confidence in using Anthony and his services again in the future and would happily refer him to others as I’m sure that he is always working to get the deal done in the right way. Thanks again Champ, keep up the great work."
Rai Fazio – Seller - Inventor Boxmaster & Box & Bike
Murray Brown is WA's most successful licensed premises broker and is a past winner of the Broker of the Year award at GMO!
Murray has sold, appraised and valued businesses for GMO for 25 years and during that time Murray has sold in excess of 280 businesses ranging in price from $70,000 to $8.25 million and performed business appraisal/valuation consultations in over 300 additional instances.
Murray's areas of expertise include, but are not limited to, Hotels, Motels, Resorts (and their management rights), Liquor Stores, Restaurants and Professional Practices. Murray is a corporate member of Tourism WA, Licensed Stores Association and the Small Bar Association.
In addition, Murray has consulted to the Western Australian Government, the Rottnest Island Authority, many local governments and to several public companies. Prior to work with GMO (WA), Murray practiced in an accounting partnership in Western Australia, in addition to a position as a senior accountant in a hospitality public company in NSW/ACT. Murray also owned and operated Western Australia's largest stocktaking and asset valuation business. He has also been an owner of a Perth Tavern and a CBD Liquor Store.
Whether buying or selling a hotel, tavern, liquor store, restaurant/cafe or nightclub, Murray is "the expert" to help you. Murray is also in demand for valuations for this sector.
“On behalf of Narelle, Samantha and myself I would like to convey to you our deep appreciation for your time this morning and in particular, how you freely gave of your knowledge on how to purchase a business and the key issues a purchaser must consider.We all left the meeting confident that we have found a broker who we feel we have confidence in working with – thank you.We look forward to working with you over the coming months and trust that a successful purchase can be made using your services.Once again Murray, our sincere thanks for your time and kind assistance.”
Stephen Penhall - Managing Director, Stelle International Pty Ltd, July 2013
"In the flurry of settling, handover and software/web dramas, we forgot to thank the people who made this fantastic opportunity happen for us.
Thank you for your hard work in sealing this deal. Big Thank you to Murray for guiding me, persisting in finding us the right business and all your business coaching and tips. You went beyond the call of duty and we are hugely thankful for all your efforts. Thank you again. I'm sure we will cross paths again in the future. "