Brand new cafe in Medical / Commercial Precinct in Gledswood Hills

Brand new cafe in Medical / Commercial Precinct in Gledswood Hills

Industry type:

- Food/Beverage


Asking Price:

$210000

Country

Australia

State

New South Wales

EBITDA

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Revenue

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EBITDA multiplier

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Revenue multiplier

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Business information

Brand new cafe in Medical / Commercial Precinct in Gledswood Hills

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Business verification
Email
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Key Strengths:

About the business

The Holy Ground cafe brand has a loyal following in the Macarthur region, with 2 cafes trading well. The company has recently opened a cafe in the new medical and commercial precinct in the Gledswood Hills commercial region. This is a new development and is the only cafe within the immediate precinct. This area is poised for growth - with a new hospital due to open in 2024, as well as a day care directly across the road. The cafe has been designed to make the most out of the opportunities by offering catering to the nearby businesses, and having the internal capacity to hold a liquor licence with external seating. There will also be the opportunity to trade late and make the most out of the surrounding businesses. This will be sold as a business under a new name. This could also suit people with experience, or those who are looking for a business as their first venture.

Buying Advice

Before making an offer

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!
About NDAs & other legal requirements

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.

How to complete a transaction

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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