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Pubs For Sale in North Perth Perth WA

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Nor Bar And Bistro Leasehold

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Location:North Perth, Perth, Western Australia

Category:Pubs, Bar and Gaming, Restaurant

Asking Price:$570,000 PSAV

570000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Nor Bar And Bistro Leasehold
  • Nor Bar And Bistro Leasehold
  • Nor Bar And Bistro Leasehold
  • Nor Bar And Bistro Leasehold

Business description

The business has been run by the current owners for over 3 years. Immediately after taking over the business they implemented a total refit of the premises and then relaunched the venue with a focus on clean, comfortable and inviting décor, good service and a traditional bar menu.

This business features :

  • Prime location
  • Large impressive bar / bistro with as new quality fit out
  • Impressive modern fully equipped commercial kitchen
  • Strong and improving revenues now in excess of $1.3M pa
  • Substantial profits to the owner operator of the business
  • Long 10 year lease with additional 2 x 5 year option terms
  • Attractive annual rent and low outgoings
  • Well established loyal repeat customer base
  • Strong website and online presence
  • Large customer data base
  • Impressive reviews on social media sites
  • Clearly identifiable opportunities that can be implemented to further grow the business

Leasehold bars and bistros are tightly held in the Perth metropolitan area. This is a rare opportunity to purchase a profitable, well presented and easily run venue in a sought after area.

Other Information

  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franshise Terms: N/A
  • Real Estate: Upon Application
  • Years Established: 2016
  • Trading Hours: 7 days a week
  • Lease Terms: Upon Application
Ascend Corporate
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