UNIQUE HERITAGE STYLE RESTAURANT AND BISTRO - EXCEPTIONAL INCOME OPPORTUNITY
UNIQUE HERITAGE STYLE RESTAURANT AND BISTRO - EXCEPTIONAL INCOME OPPORTUNITY
Industry :
Food/HospitalitySub Industry :
CateringDESCRIPTION
This beautifully presented heritage style licensed restaurant and bistro is prominently located in the heart of Bairnsdale occupying a fantastic corner position.
The fully licensed restaurant provides a unique setting by blending the heritage style building with a modern and casual fit out delivering the perfect option for intimate dining whilst delivering inspired settings for casual a la carte patrons and function bookings
The Old Grain Store can welcome up to 150 guests enjoying significant patronage from loyal locals, travellers and tourists, whilst the versatile layout of the premises caters for larger functions that includes local community and business gatherings, private functions, weddings, birthdays, anniversaries, engagements and other social gatherings as well as corporate conferences.
This historic gem offers patrons with everything expected from a hospitality experience making The Old Grain Store a much loved and highly patronised institution. Arguably the best dining experience in the region.
KEY DETAILS
Mediterranean Cuisine sourced from the freshest and best local produce
Impressive Takings that exceed 1.2M + Per Annum
Extensive Plant and Equipment with nothing to spend
Exceptional Net Income to an owner operator verifiable by Accountant Financials
Historic premises
Modern style fit out
Trained Staff
Trading liquor license for 150 patrons until 11 pm
Forward function booking
Huge patronage loyalty
Growing residential tourist and commercial region
Long Lease
LOCATION
Bairnsdale is a beautiful regional town that has everything to offer, being close to the beach resorts of Lakes Entrance, Paynesville and Metung offering a wonderful lifestyle. Bairnsdale also has everything you would expect from a regional town with Hospital, excellent colleges and schools plus a daily train service to Melbourne. The major department stores have all come to join the growth that include Bunnings, Harvey Norman, Dan Murphy's Liquor Store, Harris Scarfe and K.Mart with Cotton On and other major retailers looking to centralise in the town evidencing a vibrant growing and affluent region.
OPPORTUNITY SUMMARY.
This is a real opportunity for a hospitality minded couple/chef looking to own and operate their own restaurant /bistro and be fully rewarded for their culinary talents and business acumen.
The vendor has genuine reasons for sale and will negotiate on price so the opportunity to become a proud owner of THE OLD GRAIN STORE is an opportunity not to be missed.
Full Financial Details available.
Do not miss this opportunity to achieve long term financial security in this wonderful and growing region.
For further information and to arrange an inspection please contact Select Business Brokers as detailed.
Talk to Brokers that know business
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
View other listings by this business
$350,000 On Enquiry
Enquire about this business
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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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