Established Italian Restaurant Acquisition Opportunity

Industry: Home/Garden - Homewares/Hardware, Retail - Retail Home, Retail - Homeware/Hardware, Home/Garden - Homewares/Hardware, Retail - Retail Home, Retail - Homeware/Hardware | Listed by: Eden Deal Network

This one-off opportunity to acquire a Melbourne-based restaurant ready for franchising!


Key Strengths:

  • Well established Italian restaurant
  • High traffic inner-city location
  • Ready for franchising
  • Well established Italian restaurant
  • High traffic inner-city location
  • Ready for franchising

About the business

This is an exclusive opportunity to acquire a well-established Italian restaurant located in a high-traffic inner-city area of Melbourne with a long lease agreement.
 
The restaurant specialises in authentic Italian cuisine complete with wine, deli, and takeaway options and has built a strong reputation for providing exceptional dining experiences and enjoys a high rate of repeat customers for casual dining or business occasions. The business is fitted with first-class equipment, staffed with a well-trained team, and has a strong revenue growth, averaging $20,000-$25,000 in weekly takings.
 
As the new owner of this established business, you will benefit from existing business systems, a functional website, and a brand with a strong social media following. You can further benefit from the current owner offering to stay as a consultant, he drives both diners and events and can help you maximise your revenue. If this is not enough, your purchase also comes with a fully developed franchise model including all systems and documentation to take your investment portfolio to the next level.
 
Click here for a private discussion about the business!
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Asking Price:
$499,000
Yearly Profit :

$Contact the advertiser


Website

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Country

Australia

State

Victoria

Suburb

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Postcode

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Locality

Regional VIC

Established on
February 1951

Revenue

$Contact the advertiser

EBITDA

$Contact the advertiser

No. of employees

Lease period

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Stock


Advertiser Details
Company Logo
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Australia
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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