Huntington Tavern, 30 year lease Offers Over$99,500+sav
Huntington Tavern, 30 year lease Offers Over$99,500+sav
Industry :
Accommodation/TourismSub Industry :
HotelModern well maintained, easily managed tavern, in excellent condition, in growth area. Attractive design with recycled brick cladding, colonial pane windows, veranda on two sides, complimented by a large carpark.
Sale includes all plant and equipment, An established business which has been operating under management.
The tavern features a public bar, dinning room, spacious function room, commercial kitchen, large entertainment courtyard, office, upstairs yet to be finished managers quarters, two walk in cool rooms and freezer. the building size is approximately 650 m2, the entertainment courtyard measures approximately 420m2 and can accommodate 400 patrons.
There was a hotel on this 2560m2 site back in 1862, current hotel was built in 1988.
This represents a low ingoing opportunity for an experienced operator or a novice to cut their teeth on, very reasonable rent and with upside to rejuvenate the trade and enjoy a healthy net profit.
Includes three wood heaters, Keno and UBET, POS system, surveillance system.
Freehold going concern or investment sale considered.
Priced to sell, with favourable lease terms and rent.
To arrange an inspection-Contact Paul Scott on 0477 771 098 email: pauls@businessbrokersnetwork.com.au or contact Praveen Pant on 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR 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. NOTE: All figures are approximate
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email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$99,500 +sav
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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!
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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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