Italian Cuisine Restaurant & Shisha Lounge for Sale in western suburbs of Melbourne!
Industry :
Food/HospitalitySub Industry :
Café/Coffee ShopKey Strengths:
Huge growth potentialGreat foot traffic locationRich operating historyDiscover an extraordinary turnkey business opportunity nestled in the vibrant Western Melbourne. This highly regarded establishment offers a unique concept that combines a Shisha Lounge, Italian Cuisine Restaurant, and a Licensed Bar/Pub. With a strategic location, this business presents a compelling investment proposition.
Key Features:
Financial Performance: Monthly net sales average $60,000 approx. This sale figures do not include recent addition of the Shisha Lounge business. The potential for increased profitability and revenue growth is tremendous. Imagine the possibilities once you begin utilising this asset.
Location: Situated in a bustling area in Western Melbourne, this business benefits from high foot traffic and a diverse customer base. Newly completed renovation, full commercial kitchen, and ample free parking. With a total floor area of approx. 400 square meters, there is huge space to accommodate more than 100 inside / outside seatings, allowing for large-scale events and regular clientele.
Diverse Revenue Streams: The combination of a Shisha Lounge, Italian Cuisine Restaurant, and a Licensed Bar/Pub creates multiple revenue streams, providing various opportunities to cater to different customer preferences and increase sales.
Strong Online Presence: A wonderfully designed and impressive website and a 4.5-star Google rating, attracting 100’s of customers and showcasing the business's exceptional reputation.
Lease Details: There is currently 7 years lease in place. You have the choice to continue the existing lease or negotiate a fresh lease.
Professional Support: The seller will provide comprehensive support during the transition period, ensuring a smooth handover and equipping the new owner with the knowledge and guidance required for continued success. With expansion opportunities, a strong online presence, and a strategic location, this business is poised for continued growth and success.
Asking price: $149,000 (All equipment included)
Disclaimer: listing photos are for illustration purposes only and are not actual images of the business on sale. The purchaser is to make his/her own investigations and enquiries in relation to the business and not to rely upon warranties or statements made by the vendor or by anyone on their behalf.
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$149,000
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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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