JEWELL IN NORTHCOTE'S CROWN WOODFIRED PIZZA RESTAURANT FOR SALE ONLY 85,000 !

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


Key Strengths:


About the business

GENUINE VENDORS GENUINE BUSINESS ONLY $85,000 - sales $9000 per week

Exclusively listed and proudly presented to the business sales market is this woodfired pizza restaurant in Northcote. If you are looking for a gem of a business, this is it look no further.
Situated on busy St Georges road.
Equipped to seat 85 patrons in a cosy comfortable setting.
Full commercial kitchen and wood fired pizza oven being the restaurants main feature.
Full Liquor Licence and coffee machine,
Impressive fitout with nothing to spend.
Serving traditional woodfired pizza and basic Italian menu.
Nothing to stop new owners from adding to the cuisine.
Long lease and rent is only $28,000 per annum.
Trades only Wednesday to Sunday dinner that's only 25 hours per week!
Sales, income and profitability will be detailed with serious buyers only. Contact Brian at TRIDENT on 0417303196
Know someone that could be interested in this?
Asking Price:
$85,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3070

Locality

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Established on

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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.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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