8/19-21 Tribute Street West, Shelley, WA 6148

Food/Hospitality
Price: $2,000,000
One of Perth’s Best Cafes (+ Freehold Property) For Sale
A Rare Opportunity to Purchase one of Perth’s Best Cafe’s + Freehold Property Package

BUSINESS: $750,000 + sav
FREEHOLD PROPERTY: $1,250,000
TOTAL PACKAGE: $2M (NO GST)

It’s not often one of Perth’s most reputable brunch cafes becomes available for purchase. This cafe is well known not only across Perth, but also across Australia & even abroad!

Why deal with ever-increasing rents and greedy landlords when you can control your own destiny by way of a bluechip commercial property investment? Structure your lease however you prefer, as you’ll own both the business & the freehold!

About the Business:
- Average $36k+ (excl. GST) weekly turnover
- Approx. 13.5% yield p.a. when considering business profit (under management) plus rent paid to owner
- 7 days per week of trade
- Cult-like following from local community
- A ‘destination’ cafe
- Lucrative earnings
- Strategic suburban location
- Massive potential for immediate revenue growth
- Extremely well run under management
- Quality fit-out & infrastructure
- Well documented processes
- Stock value approx. $15k

About the Property:
- 238m2 of strata area
- 2017 build
- Large alfresco area
- Plenty of street parking
- Attractive yield with ability to sustainably increase this

Rates & Fees:
Council Rates: $4,131
Water Rates: $2,632
Strata Fees: $3,834
Total: $10,597pa

This model suits a variety of involvement appetites, including owner operator, partnership or continue to run under management.

Simply put, this is an opportunity not to be missed.

The Phone Code for this property is: 48813. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

From your first property enquiry to final sale, your BAFC settlement agent is there to guide you through the exciting process of selling and purchasing real estate. Call (08) 9335 9133 or email anne@bafc.com.au.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 48813 when prompted.

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