This long established business has been in Margaret River in the same location since May 2013.
The current owners purchased the business in June 2019 and undertook a major upgrade and refit of the premises and added further equipment to increase the efficiency of preparation. They kept the original recipes and style but added sizzle and stars to enhance a great format.
March 2020 brought the trading restrictions of COVID 19, but was also severely impacted by the major roadworks of Margaret River which were not completed until December 2020 explaining the reason why the period from July to November 2020 the business made a lower income.
The business is so simple to operate that it only requires 2 part-time staff and is so profitable because it achieves a gross margin of around 80% so for every $110 it takes the business makes a gross profit of $80.
The benefits continue with an extremely fair rental, a long lease, a top location in the Margaret River main retail area, the premier holiday and tourist destination of Western Australia.
If you are looking to purchase a small food business then we think this is the best of the best.
Last year it made $100,000 with 5 months of the year highly disrupted by roadworks and COVID, this year is looking strong and new owner could open Saturday and Sunday and evenings to maximise the profits well above current returns.
Sorry, no telephone information, you must complete a confidentiality deed to receive an information pack that includes financial reports.
Mobile 0439 992 602
Business Listing Number 755