Iconic Apollo Bay Café / Eatery

Iconic Apollo Bay Café / Eatery

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

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Industry :
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Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Iconic Apollo Bay Café / Eatery
Looking for a Sea Change opportunity ? Look no further.
This business ticks all the boxes, location, lifestyle, security & cashflow
Absolute waterfront location
Turnover expected at $3.8-$4 Million (23-24 year)
Business continues to grow each year
By far the best & busiest on 'The Great Ocean Road"
Long established Iconic business
Trading 7 days (11am-9pm), opportunity to introduce breakfast trade
Fully renovated business, simply cannot be faulted
Secure new lease of 20 years on offer
Rental $200,000 pa plus outgoings, includes 3 bedroom dwelling
Seating inside / outside for 280 patrons
Simple menu & operation, counter service
Business closes 6 weeks during July/August
Popular with locals, visitors, tourists and bus tours
Operated by the same family since 2004
Ideal business for family, partners or investors
Assistance / transition period available
Due Diligence period on offer
Declared profit in excess of $750,000
EOI over $1.6 Million considered
Call Mino for initial discussions

This business is exclusively listed with BPA Business Brokers
Our Ref: 7902

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Victoria

Australia

 

BPA Business Brokers has been established since the year 2000, since our inception, we have specialised in the sale of businesses of all types, in particular concentrating on the food industry, selling businesses in all price ranges, every business has a potential purchaser therefore we do not discriminate, we treat all of our vendors and businesses in the same professional and dedicated manner. Every business is dear to its owner therefore all clients are treated with the same respect that they deserve.

Mino Stronghilis is Managing Director of BPA Business Brokers and is backed by a professional and a dedicated team of 8 Sales consultants with expansive experience in the hospitality industry and business sector in general. All of the Sales team has either owned or managed a number of businesses throughout their career making them the most qualified to look after both the Vendor and their business as well as advising the potential Purchaser on all aspects of purchasing a business, making their decision an educated positive decision.

BPA Business Brokers commenced as a one man operation, and from humble beginnings has grown in 11 years to its current 12 member team by ensuring the satisfaction of clients in both Vendors and Purchasers, and we continue to grow by the numerous number of referrals which we receive, as we believe that word of mouth is the best form of advertising. BPA Business Brokers is well known and appreciated within the business industry for its confidentiality policy as we do not disclose any business addresses or names to potential clients without having at first instance met with the client, qualified the client and signed the appropriate confidentiality agreement. Even then, we follow a strict procedure whereby all inspections are conducted by appointment with the Vendor at a suitable time to all parties, with a Sales consultant from BPA Business Brokers present at all meetings, discussions and inspections.

Thinking of Selling?

Then call BPA on 9485 4488 for a “no obligation” discussion to advise on how the best way to list, promote, market and sell your business. At BPA Business Brokers we pride ourselves on our high level of service and we will ensure that upon receipt of your enquiry one of our experienced Sales consultants will contact you to arrange a visit within 24 hours.

Thinking of Purchasing a business?

Then contact BPA Business Brokers and we will arrange for one of our experienced Sales consultants to meet with you at our office in order to discuss your needs and ascertain the best business that would suit your requirements.

Either way, we strive to achieve the best possible outcome for our clients, and pride ourselves on the dedication we offer in our service, going to great lengths in order to achieve the most rewarding results and uphold our great reputation

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$1,600,000

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