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Posted by Statewide Business Brokers on 01/10/2018 in Business

One of Mandurah's Favourite Cafes has price reduction

$150,000 - plus plant and stock


Description

One of Mandurah's favourite cafes, Janice's Cofe Pot on the Foreshore just had a price reduction making this an ideal business opportunity for a family or couple. This well-known business serves breakfast, lunch and snack meals 7 days a week leaving your evenings free to enjoy the Mandurah seaside lifestyle.

The cafe has been established for many years and has excellent retention of local customers and enjoys increased tourist numbers throughout the summer and during school holidays. Rated in the Top 40 establishments in Mandurah (out of 193) the cafe enjoys so many favourable reviews.

The business is able to seat approximately 60 diners and also offers a catering service to local businesses.

The cafe generates a good level of revenue and is a high margin (gross profit) business.

The business is offered on a leasehold basis (buy the business but rent the premises), with a secure long-term lease. After a recent decor refresh, there is nothing to spend.

The approximate return on investment for this business is an excellent 51.5% (how much adjusted profit the business made last year as a percentage of the purchase price).

The business price has been reduced to $150,000 plus plant (approx $30,000), plus stock (approx $5,000). Do not delay, owners are seeking an imminent sale.

For more information or to receive a full business profile please contact Wayne Cooper on 0407 997 777 or 08 9586 3509 or email cooperw@swbb.com.au.

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Food & Beverage Products and Hospitality Suppliers Statewide Business Brokers
Statewide Business Brokers
Contact Wayne Cooper
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $150,000 - plus plant and stock

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