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Buy 66044 High End Hospitality Retail Space Fit Out

Hotel/Leisure Commercial Property for Sale in Perth, WA, Australia

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Title: 66044 High End Hospitality Retail Space Fit Out
ID Number: 11617
State: Western Australia (WA)
City/Town/Suburb:PERTH WESTERN AUSTRALIA 6000
Listing Type: Commercial Property
Categories: Hotel/Leisure, Food/Hospitality - Cafe/Coffee Shop
Description: Fully Fitted out Hospitality Retail Space Fit-out with lease available well located in Perth WA

Vendor advises that tradng income from the premesis Jan 2015 - Feb 2016 was $583,572.24

This business was a retailer for organic products & food with Cafe & Juice Bar with two shops in Western Australia. Alive Organics is trading in Morley since mid 2009 and in Inglewood since December 2014. The Shop in Inglewood is predominantly a Cafe/Lunch Bar with a Juice & Smoothie Bar with a small retail section. The Shop in Morley is predominantly a Retail Shop with a Juice & Smoothie Bar. All the shops are selling organic products only.

The shop located in Inglewood will be for sale, with plant & equipment for sale only. In Aug - Dec 2014 we invested over $180,000 in the refurbishment of the Inglewood Shop and converted the premises in a high end Cafe/Lunch Bar and Juice & Smoothie Bar, the business will focus on the Retail section in Morley. The turnover at our shop in Inglewood was app. $580,000 per annum with a Gross Profit of app. $310,000.

Key Features of the Business
The Inglewood shop is located in a prime area in Perth (Inglewood) aiming for customers who want to eat healthy food. It is renovated to a high standard with polished concrete floor, new commercial kitchen, cool room, new wood floor in inside cafe and new renovated outside garden cafe. The business is located at the main Shopping Street in Inglewood - Beaufort Street - and has ample parking, which is scarce in the City. There is also outside seating on the board walk. The shop location is also where the Monday Night Markets in Inglewood are taking place during the summer (every Monday from 6pm-9pm). There are also a significant number of offices located in the area with potential customers for lunch/cafe/juice.

The shop has a significant potential for Purchasers with experience in hospitality, which is mainly due to the shop location and the high standard of the shop Fitout. It can be used as a Cafe/Lunch Bar, Juice & Smoothie Bar or Restaurant. It would be ideal for a Family owned & operated business and has growth potential for a Purchaser with the right experience and ambition
Price: Upon application
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application
Map of PERTH WESTERN AUSTRALIA 6000


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