ANOTHER QUALITY WATERFRONT LICENCED BAR AND GOURMET BURGERS HERVEY BAY QLD

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


Key Strengths:


About the business

GREAT LOCATION, GREAT MENU, EXCL RETURNS...LIFE STYLE PLUS
ASKING PRICE ...... OFFERS OVER $200K
This family owned business has continued to grow over many years due to the owner's passion and commitment to provide outstanding service and a great range of gourmet burgers, sides and wings.
The dedication to quality and consistency does not stop there, an inspection behind the scenes shows all plant and equipment maintained to the highest standard, a reflection of the current owner's overall commitment to great food and service.
The Business
* Excellent return % to owners on turnover
* All Financials provided on signed Confidential Statement
* Quality Fixture, Fitting, Plant and Equipment
* Licenced Bar
* New lease would be available
This Business represents a high standard and excellent return. An inspection will not disappoint

Vicki Phelps
Hype Business Brokers & Commercial
vicki@hypecommercial.com.au
www.hypebusinessbrokers.com.au
Ph: 0466 555 249 Any time.
Know someone that could be interested in this?
Asking Price:
$200,000
Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

4655

Locality

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Established on

Contact the business


Revenue

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No. of employees

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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.

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

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