Unique bar and live music venue in heart of Geelong CBD
Unique bar and live music venue in heart of Geelong CBD
Industry :
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The Phone Code for this property is: 14749. Please quote this number when phoning or texting.
A rare opportunity exists to own this unique venue in the heart of the Geelong CBD.
Located within a historical red brick building at the end of a laneway, this bar exudes inner-Melbourne vibes.
Established 4 years ago, this cool and relaxed bar holds a special place in Geelong's nightlife scene with regular live music featuring international, national and local bands. Features permanent PA, stage and sound system.
Gigs are booked until October 2025 so the new owner can hit the ground running or reinvent to whatever style you want.
Cocktails and craft beer (4 taps) are also a feature and there is plenty of scope to improve the food and drink menus.
With over 3.7K Instagram followers, this is a hard-to-find opportunity for an enthusiastic new owner to build on a well established following. There is unlimited scope to build the already solid income with regular gigs, events and functions.
Owners have a genuine reason to sell and are willing to negotiate terms with the right buyer.
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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$97,000
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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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