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Iconic Cafe On The Dam For Sale

Serpentine, Western Australia
Asking Price:
$150,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Nestled in the state forest beside the picturesque Serpentine Dam, located only 45 minutes from the Perth CBD, this unique year as a minimum cafe/gallery is the primary stop for all tourists and locals visiting the dam.

The business is ideally suited to a hands on operator or couple seeking a profitable lifestyle business. Main features include:

Fully licensed cafe/restaurant
Currently only trading 5 days per week (a motivated owner may elect to expand this)
Substantially consistent revenue circa $300,000 per annum
Benefit of comfortable on-site accommodation plus net profit to owner operator of optimally $80,000 a year
No immediate competition to the business
Small gift area/Art Gallery promoting local artists paintings and woodwork
Massive seating capacity with ability to cater for 100 patrons on busy weekends with a cosy interior setting and well-appointed adjoining alfresco area
Large car park able to cater for buses and tour operators
Stunning views over the picturesque Serpentine Dam
Offering a range of homemade food , cakes, scones etc for lunches, morning and afternoon teas
On-site accommodation includes a comfortable 3 bedroom x 1 bathroom residence for the owners of the business
Long secure lease with very low rent and low outgoings. This is a fantastic opportunity for a hands on operator or a couple who are passionate about hospitality to take this business forward and capitalize on it’s potential.
After running the cafe successfully for over 7 years, they have decided to sell as they now want to commit more time to raising their 4 young children.

Property Information

Real Estate:

Lease

Lease Terms:

Upon Application

Living Accommodation:

3 x 1

Location:

Serpentine Dam

Premises Details:

Upon Application

Business Operation

Expansion Potential:

Upon Application

Competition / Market:

Non for 10 km

Reasons for selling:

Need to spend more time and focus on their 4 young children

Trading hours:

Closed Thursday and Friday

Years established:
2005

Contact Information

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