Award Winning Bar Port Macqaurie
Award Winning Bar Port Macqaurie
Industry :
--Sub Industry :
Bar Florian enjoys a visible location in an ever-increasing in town popular precinct.
• The business has been established for 10 years.
• Bar trades: Tuesday – Saturday 5pm-12am with opportunities to broaden the trading times.
• The venue operates under a Small Bar Licence which is unique to Port Macquarie.
• The Bar has a contemporary menu for an eclectic mix of customers – many are regulars, but many are holiday makers as Port Macquarie is a very popular holiday destination.
• Fully equipped and easily operating.
• Rent is very low for this establishment and its location. New 3 x 3 x 3 lease from 1/10/23.
• Business offers an excellent work/life balance and would suit a young couple or partners.
• The business operates very economical with a professional front of house team together with a single chef. Owner steps in only when needed.
• Above average annual return of over 17% net profit. This far exceeds industry standards.
* This business is an award winning bar with an outstanding reputation.
For all enquiries ring Gino on 0412700987 or email manager@barflorian.com.au
The Phone Code for this property is: 49672. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Victoria
Australia
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$250,000
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Buying Advice :
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. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, 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 - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
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. 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’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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