This beautifully presented Federation property is available freehold or leasehold
• Assets include plant of $100,000 at WDV
• Current lease runs until 2033
• Net rental of under 8% of sales
• Run under management
• Opportunity of re-open restaurant and drive through Bottleshop
• Adjusted Net Profit in excess of $200,000
This is a rare opportunity to operate this well presented property within a growth demographic, with expansion growth available.
Asking price only $495,000 PSAV
Contact Murray Brown or Renzo Deleo for more information:
Murray Brown is WA's most successful and knowledgeable licensed premises broker and a past winner of the Broker of the Year award.
Having sold, appraised and valued businesses for over 25 years, selling in excess of 280 businesses ranging in price from $70,000 to $8.25 million and performed business appraisals and valuation consultations in over 300 additional instances, Murray ‘knows’ the hospitality and accommodation sector from the ground up, and has WA’s most solid knowledge of the sales process.
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 several public companies.
Whether buying or selling a hotel, tavern, liquor store, restaurant, cafe or nightclub, Murray is in high demand and is the expert to help you.
“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. "
Renzo is Perth’s hospitality broking expert, with over 20 years’ experience! In addition to this, he is one of Perth’s most respected hospitality owners and operators, a claim backed up with numerous, respected awards such as 6 Best Cafe (WA) RCIA Awards, 2 Gold Plate Awards, 2 Entertainment Book Best Cafe / Restaurant Awards and over 50 finalist awards.
With such extensive experience, and unrivalled passion, Renzo can provide incredible insight into the buying, selling and operating processes of multi-layered hospitality businesses, ensuring you feel secure throughout the business buying or selling process.
Highly respected amongst his peers Renzo was a board member for the RCIA for over 19 years and in 2011 was awarded the "Hall of Fame" as voted by his peers for services to the industry. Renzo's passion and expertise continues to assist new comers to the industry.
Client Testimonials"A very big thank to Renzo and the team at GMO. Selling my business with GMO was very easy and uncomplicated. Renzo was extremely professional and helped us every step of the way. I would highly recommend GMO if you are looking for a great team to sell your business."
Shellie Attwood - Seller: Manic Botanic
"All brokers were very professional and I cannot speak highly enough of them compared to other firms. Special thanks to Renzo who tipped me in for Sushi Wawa even though I told him I didn’t want to buy a restaurant. And I still own him $200 he leant me on settlement day. Renzo is a good man!!"
David Tierney - Buyer: Sushi Wawa
“Renzo went above and beyond my expectations. Without Renzo’s commitment and dedication this sale would never have concluded. At all times Renzo had my best interests at heart. I have complete confidence in Renzo.”