Multiple Award Winning Business Weekly Sales>$39,000 Rent $420 pw Part Under Management
Multiple Award Winning Business Weekly Sales>$39,000 Rent $420 pw Part Under Management
Industry :
Food/HospitalitySub Industry :
CateringRare offering
Are you seeking a highly profitable business requiring minimal owner input? Look no further.
Tasmanian Gourmet Seafoods (TGS) was started by the current owners circa 2010, it is coming on the market for the first time.
Started as a small fresh fish outlet, TGS has grown into a multi-million dollar enterprise comprising a restaurant with indoor and outdoor dining, a wedding marquee and two food vans.
This business employs approximately 14 staff, with seasonal adjustments.
TGS is a fully licensed venue that offers an array of seafood to its customers dining in or takeaway.
Operating from 50 Loop Road in Cambridge Tasmania, TGS has the following features that make it different from other investments:
>There are 2 full-time managers and one FOH lead, owner spend approx 15 hours, mostly remote work.
>Very Low rent only approx $420+gst per week.
>Located NEXT to Hobart Airport, people come from Hobart, Tasmania and the mainland to try their fresh seafood.
>Multiple income sources- sale of fresh and cooked seafood, liquor, functions and events.
>Winner of the 2 National Fish and Chip Awards, Best Fish and Chips in Tasmania award in 2016, 2017, 2018 and 2021.
>All the hard work has been done by the current owners, business sale includes systems, procedures and an extensive list of chattels.
>Chattels include, Honda CRV 2017, Truck (Hino-300) With Chiller & Freezer Compartment and food vans.
>TGS enjoys an excellent social media following, more than 20K Facebook followers and more than 871 Google (4.2 STAR) Reviews.
>Owners have created a brand, TGS is now one of the go-to venues for fresh food with music, events, weddings and catering in Southern Tasmania.
>Events catered for but not limited to are AGFEST, Dark MOFO, Taste Of Tasmania, Festivale, Wine and Gin Festival Hobart and many more.
>Excellent relationships with suppliers.
>Professional website, marketing and promotions are in place by the current owner to ensure business growth.
>Indoor and outdoor dining are available for a total of approx 242 patrons.
>Trading 7 days from 10.30 to 7.30 pm*.
>ASKING PRICE RANGE $250K-$350K+SAV
There are plenty of other reasons to buy this business. Look no further, fill out a confidentiality agreement for an Information Memorandum.
There are huge savings to be made if you are a working couple or someone who is looking to own a business where you start making money from day 1.
For more information please contact Paul Scott on 0477 771 098 or Praveen Pant 0432 256 682 email pauls@businessbrokersnetwork.com.au 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; Please Note: All figures quoted are approximate.
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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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$350,000 PRICE RANGE $250K-$350K+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!
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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