Fantastic opportunity for you to increase your presence in the hospitality industry

Fantastic opportunity for you to increase your presence in the hospitality industry

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Ormond


Industry :
Food/Hospitality - Restaurant ; Leisure/Entertainment - Bars/Nightclubs ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

First time offered on the market

The business was started in 2018 by the current owner and is located on North Road near the intersection of Jasper Road.

The very spacious location that was recently renovated and includes: -

* 3 separate dining areas
* A beer garden area
* Large Inside kitchen + cool room
* Outdoor kitchen leading onto outdoor dining area a real bonus to anyone taking over this business
* An upstairs bar area that is great for meeting up with some friends and enjoying a beverage
* Seating for around 75
* Licenced for 100 .
* 2 car parks at the rear for staff .
* Reasonable rent with a long term lease

The business also presently has: -
* A Grade 2a food licence
* A restaurant liquor licence
* A curbside street licence and
* Is permitted for live music.

This space is priced to sell at only $69K and would suit a number of other hospitality businesses due to the layout - so if you are interested, please get in contact with him by completing the confidentially agreement on this page.

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Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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