Downtown Tavern for Sale-Iconic South West

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NET PROFIT
$ pa

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PRICE
$860,000

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STOCK
$40,000

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LOCATION
South West Regional

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REF NO
GN14990TAV

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BROKER
Tanya Bidwell

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Coming Soon
Cash-Flow
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GN14990TAV

Key Features

  • Iconic position town centre
  • Growing population & tourism hotspot
  • Under operational management
  • Award winning
  • Recent major fit out
  • High value tangible assets in price
  • Genuine reason for sale

$2.2 MILLION SALES, 68% GROSS PROFIT MARGIN

More Than Just a Drink, It's an Experience

This is the one you dream about in those idle moments!!!

Under full operational management….

…the current owners spend around 25 administrative hours a week combined

Admit it. There are times when you’re sitting under the veranda at home, cold beer in hand, BBQ cooking not too far away, your friends and family around, and you think:

“This is great. But you know what would be even better? Owning a tavern!”

Located In WA’s Tourist Mecca with population rocketing just 2½ hours from Perth in an ideal spot, this is the tavern you’ve always imagined yourself owning. It has a cocktail bar, a lounge bar, a dining room, and has a fantastic outdoor alfresco area all recently renovated with a feeling of opulence and class .

It’s in a bustling main street location, surrounded by thriving local businesses and a steady flow of foot traffic. Licensed to serve 300 people at a time with space to seat almost 200, it’s: a favourite with tourists, locals, weekenders, and holidaymakers.

Partnerships with local breweries and wineries offer another opportunity to elevate the business, with exclusive product launches and tasting events adding to the tavern’s appeal.

The venue has already gained industry recognition, winning multiple awards. These accolades position the tavern as a market leader, making it an attractive investment with strong brand recognition.

Self Propelled by Tourism & Population

Tourist numbers are growing. Releases in May 2024 state over 895,000 people holidayed with a total of 3.44 million nights in the area – that’s a lot of days or nights for lunch or dinner or just a refreshing beverage from tourists alone.

Eating out at a local restaurant was the most popular leisure activity for all tourists, (58% of intrastate visitors, 73% of interstate visitors, and 93% of international tourists) Tourist numbers were up 9% on the previous year and are predicted to continue rising steeply.

The “sea change” phenomenon is also seeing a steady stream of West Australians moving to regional coastal towns such as those within this business’s boundaries it services. This demographic trend aligns with insights from the Government’s “Western Australian Tomorrow Population Forecasts” report, which projects that regional areas in Western Australia will contribute to nearly 66% of total growth by 2031.

That means an increase in potential customers with no effort required!Free Cocktail Drinks Cocktail photo and picture

So, even before you bring your skills and enthusiasm to the business:

Population growth and rising tourist numbers virtually guarantee increased turnover and profits for this iconic venue.

That’s good news for anyone running a dining establishment that offers a popular menu and range of drinks, but this business has the additional benefit of being situated right in the middle of a fast-growing tourist destination, drawn by its stunning coastline, world-class wineries, and vibrant hospitality scene.

The introduction of direct flights from Melbourne and Sydney to Busselton Airport has further boosted accessibility to the region, increasing the flow of interstate visitors to the region in addition to about 19 cruise ships scheduled for the 2025 year.

Low owner hours

The business is operationally run completely by long term management including a head chef and front-of-house manager, with a team of just six staff handling all day-to-day operations. The husband and wife owners contribute around 25 hours combined on administrative duties and general oversight.

Even if you could get a new liquor licence, you’d never find premises like these – it truly is a prime location. Substantially renovated in 2023, the premises present beautifully.

Sales figures highlight the tavern’s strong and growing revenue base, demonstrating its resilience and ability to capitalise on the expanding market.

Between 2023 & the Calendar Year period January to December 2024, Turnover grew from $1.56 Million to over $2.2 million , that’s a 41% increase with 2024/25 on track to be a record-breaking year.

This is largely due to the impeccable renovations, which have enhanced its appeal and attracted more visitors, in addition to the already  fantastic food and beverage offerings.

The venue’s excellence has been recognised through 12 industry awards in the past two years, reinforcing its strong reputation.

Outside catering, serving breakfast, and hosting more weddings and events are just some of the ways a new owner might want to grow this business.

When money is tight, a beer and a pub meal remains an affordable treat – sometimes replacing more expensive options. And during boom times, patrons happily indulge in the vibrant hospitality scene.

That makes this business one of the safest, most secure hospitality businesses of its kind on the market today.

 On the market only because the owners are retiring so this is a rare opportunity to LIVE THE DREAM.

  • Carefully crafted offering with proven appeal
  • Diverse customer base ensures steady sales
  • Loyal clientele – 60 percent of sales are to repeat customers
  • High asset value included the purchase price =$322,199
  • Under operational management means low owner hours
  • Excellent position in the heart of a main downtown street
  • Newly refurbished
  • Excellent staff retention
  • Unique experiences to competitors
  • Low stock
  • Tavern Licence approved for around 300 patrons
  • Long lease till 2030 with a five-year option = 10 years
  • In-demand food and beverage
  • Immediate growth potential
  • Excellent cash flow all sales are cash and creditor terms are in place some up to 45 days
  • Could be placed under full management

Don’t let it pass you by – contact us for a detailed report and take the first step toward making it real.

Email us to register, and we will contact you with a confidentiality agreement to be signed before disclosure of any detail including the town – This is a sought after Coastal South West destination .

 Registrations are open now with the details released within the next two weeks.

 

Key Features

  • Iconic position town centre
  • Growing population & tourism hotspot
  • Under operational management
  • Award winning
  • Recent major fit out
  • High value tangible assets in price
  • Genuine reason for sale

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