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$1,150,000
$4,500,000
It doesn’t get much better than this opportunity!
Imagine earning over $1m per annum and all in a superb lifestyle location!
This is not a fly-by-night operation. No, Sir. This one has been around for well over a decade under the same owners. They know the ebbs and flows of the business intimately and have detailed records to prove it.
This is an exceptional hospitality business that comprises 2 business units. Interestingly, both have similar sales and profit that make up the whole. There is an incredibly strong team in place with good layers of management to ensure that your investment continues to tick along nicely.
There has been a major refurbishment ($1.15m) and things look amazing!
There is fabulous lease in place with rent sitting just over 5% of sales. The other key costs (Food and Wages) are nicely controlled and would be the envy of many an operator out there.
BUSINESS HIGHLIGHTS
This is superb buying. The business ‘owns’ this area and has proven itself over many years. The current owners have done a fantastic job ensuring that this business is fit and proper for sale.
There is detailed financial information. A recent refurbishment. A great team of staff and management in place and all the systems and procedures you could wish for.
You do not need hospitality experience to own and operate this business. Some savvy management skills and the ability to oversee a large operation are what’s needed.
All enquiries in strict confidence and a full information pack is available to qualified enquirers.
Asking $4.1m plus stock
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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