120/23 Sharpe Ave , Karratha WA 6714

$200,000

UNDER OFFER BY SHANE SMITH!

Soul Karratha is a busy award-winning cafe by day, and Thai restaurant by night, located in the heart of Karratha's CBD.
This iconic cafe, known for great food, coffee and service, was the first cafe to be opened in the Pelago West building and has been in operation since 2012.

The current owners have enjoyed running this family business, but are now focused elsewhere, and are ready to handover the reigns to the next person who can put their own spin on this rare and exciting opportunity. The sellers are not looking for remuneration for the business, just pay for the fit out and equipment, and the lease is yours to take over.

A well-established customer base for breakfast, lunch and dinner, as well as regular catering opportunities for small and large groups and organisations.

The cafe/restaurant is fully licensed for 120-person capacity, with large air-conditioned space for seating inside, and an alfresco area for enjoying the cooler months.

Undercover parking is available and there is plenty of regular foot traffic in the area from the surrounding businesses and residential apartments.

Current operating hours for the cafe are 6 days a week, Tuesday - Friday from 6.30am - 1pm and Saturday & Sunday 7am - 1pm. Dinner is Tuesday - Sunday 5pm to late. There is the option to extend trading hours and operate 7 days a week.

Construction is imminent for a brand new 5-star 100 room hotel, across the road from this premises, which will have limited kitchen facilities meaning the clientele will be utilising surrounding cafes and businesses.

Mining projects in the area are also set to ramp up in mid-2020, which has already seen a large number of people moving into town, and will continue over the coming months.

This is a great opportunity for a sea change, or for those who enjoy smaller communities, with a great lifestyle and lots to see and do.

The sale is for plant and equipment only, however, the buyer must be willing to see out the remaining 2 years of the current lease or sign a new lease (to be negotiated between the buyer and the agent).

For more information, or to arrange an inspection, please call Ray White Karratha on 91852444.

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