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Refer to Broker
*This long established lunch bar is located in eastern industrial district, ample parking nearby.
*weekly rental is about $140 inclusive of GST, opens five days, turnover now is about $9,000-$10,000.
*it is a simple business to learn, current vendor happy to teach
* current lease expired 29/11/2022, extension is not possible at now, because the landlord will not know what is his future plan
*price at heavy discount because the 4 years left now
*great opportunity to buy now at a heavy discount price and get the money back in possible one year time,
*possible to get lease extension by the end of lease term or find a new site to relocated
* if that sound good to you, please call me now to find out more
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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