Authentic Malaysian Eatery & Take Away Next to Train Station [10]

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

This profitable inner suburban business serves hawker (street) food from Malaysia, Singapore and Indonesia. It is located next to a Metro Train Station in an inner Melbourne suburb, 20 mins from Melbourne CBD. The restaurant is surrounded by offices and businesses.

- Long lease available
- Very reasonable rental
- Easy to mange
- All systems in place
- Plenty of parking in the area
- Regular customers - locals and train commuters
- Closed on Sundays
- Immaculate premises with ATM

Disclaimer:
Due to the confidential nature of the sale, the images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, including add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
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Asking Price:
$140,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3000

Locality

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Established on

Contact the business


Revenue

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EBITDA

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No. of employees

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Lease period

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Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

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