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The Most Successful Restaurant in the Western District of Victoria

The Most Successful Restaurant in the Western District of Victoria

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Warrnambool


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

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Listing Number: 1AU027

Would like to own one of the most successful restaurants in the western district? Look no further. We have a fantastic leasehold business for you, on offer to the market for the first time in over twenty years.

This is a genuine sale with the owner now considering retirement and the business has the flexibility to be run under management or is ideally suited to a couple or partnership with industry experience to stamp their own personality on this excellent business.

The restaurant, located in the vibrant, regional coastal city of Warrnambool has a proven track record of consistency and growth and has an outstanding location right in the heart of the city in the main dining precinct and is set in a beautiful heritage building. With indoor seating for 120 plus a very attractive outdoor European style dining terrace and a large, private function room the restaurant offers varied dining options and along with a high turnover delivery/ takeaway business it truly creates multiple streams of income.

The cuisine on offer is predominately Australian/European and the restaurant is particularly known for its steak, oysters, cocktails and desserts although it offers a broad range of dishes appealing to a wide demographic. It is a pleasure to exclusively offer this business to the market.

The business is priced at $494,000 + stock at valuation. Inspections are by appointment only. Contact the broker for further details.

Disclaimer: Photos are for illustration purposes only and may not be the actual images of the business for sale. THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Keywords: restaurant, cafe, cocktail, bar.

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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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