Current State of Business Sales - Ref: Current State of Business Sales

As Viria’seco>ctoria’s economy comes back into bloom along with the spring season, now is the ideal time to consider buying or selling a business. With Melbourne re-opening after months of lockdown, we have been flooded with inquiries from buyers who have regained their confidence and are scouring the market for new business opportunities.

Despite lockdowns, businesses are in higher demand than ever, with a 15.2% increase in business registrations this past financial year (Australian Bureau of Statistics). People who have lost their job security due to Covid-19 are using this as a chance to take their employment into their own hands by purchasing their own business. As we begin to re-open the economy and put lockdowns behind us for good, genuine buyer interest continues to mount, providing current business owners the optimal opportunity to sell.


For those of you keen on purchasing, doing so now means you will be well-prepared going into the New Year in 2022 as restrictions continue to ease and borders begin to re-open, providing much more certainty and stability for the future of businesses in Australia. With the economy bouncing-back stronger than expected, buying a business now is a reliable investment.


Though it may be tempting to wait until businesses are fully recovered from lockdown, for example after the New Year, the best strategy is to get in quick now while the market is active. If you are looking to seize this opportunity, or are simply curious for more information, give us a call at First Choice on 9899-1888 for a confidential discussion with one of our experienced brokers.


SOLD-Under Management Health Product store in Box Hill - Ref: 19925

SOLD-Under Management Health Product store in Box Hill - Ref: 19925

Takings: $45,000 per week approx•  This under management health product wholesale store is located on a main street in Box Hill
•  This established business is exposed to heavy foot traffic
•  This health product store...

Asking only $200,000  

Ref: 19925 Details

$2 Plus Discount Variety Near Box Hill - Ref: 14220

$2 Plus Discount Variety Near Box Hill - Ref: 14220

Takings: $26,000 pw approx•  This two dollar shop is in top position in a busy shopping centre close to Box Hill
•  Easy to operate, mainly sells household items and kitchenware. Great potential
•  Spacious...

An opportunity not to be missed!  

Ref: 14220 Details

Japanese Restaurant/Takeaway in Hawthorn Ref: 16040

Japanese Restaurant/Takeaway in Hawthorn Ref: 16040

Takings: $25,000 per week approx. (pre March 2020) – Japanese restaurant/takeaway within a prime location on a shopping strip in Hawthorn
– Accessible to public transport and the train station with a high volume of foot traffic
–...

 

Ref: 16040 Details

Fish & Chips in South East  Ref: 14041

Fish & Chips in South East Ref: 14041

Takings: $6,000 per week approx. – Fish and chips shop ideally located in a prime position of a shopping strip in Forest Hill
– Enjoys high visibility and exposure to a heavy flow of foot...

 

Ref: 14041 Details

Excellent Cafe near Elwood  Ref: 17046

Excellent Cafe near Elwood Ref: 17046

Takings: $18,000 per week approx. – Well situated along a bustling shopping strip in a wealthy suburb near Elwood, with ample front door car parking.
– Directly opposite a busy railway station which generates...

Asking: $360,000  

Ref: 17046 Details

BP Service Station for sale  - Ref:  10832

BP Service Station for sale - Ref: 10832

Fuel 180,000 litres per month (approx)
Shop Sales: $70,000 per month (approx)
Branded service station in premium location
High fuel margin
Semi under management
A brilliant...

 

Ref: 10832 Details

Established Lottery Near Nunawading  Ref: 16141

Established Lottery Near Nunawading Ref: 16141

Tatts Commission $123,000 p.a.
Located in a highly populated area with exposure to high flow of traffic.
An established business with a great reputation and long trading...

Asking: $195,000  

Ref: 16141 Details

Bottle Shop/Liquor in Geelong Area - Ref: 17212

Bottle Shop/Liquor in Geelong Area - Ref: 17212

Takings: $38,000 pw approx – This hugely busy bottle shop/liquor store in the Geelong area has high turnover.
– A spacious store of about 300 metres square, with plenty of parking and...

Asking $550,000  

Ref: 17212 Details

Serviced Apartments in a Very Convenient Location  Ref: 13244

Serviced Apartments in a Very Convenient Location Ref: 13244

Attractive serviced apartments in a premium position in Melbourne’s CBD close to public transport
A short walk to the CBDs entertainment, education and hospital precinct
The business surrounded...

Asking: $180,000  

Ref: 13244 Details

Serviced Apartments in the Inner East  Ref: 10342

Serviced Apartments in the Inner East Ref: 10342

– Excellent serviced apartments business located in a commercial main street of the inner east
– The business is centrally located near the Melbourne CBD (only 13 minutes) and...

Asking:$800,000  

Ref: 10342 Details

Well Presented Hotel in Eastern Area  Ref: 12838

Well Presented Hotel in Eastern Area Ref: 12838

Turnover: $1,800,000 – $1,900,000 per annum ( before COVID 19 )
– Hotel with 35 rooms with decent size fully equipped kitchen
– Well designed...

Asking: $1,280,000  

Ref: 12838 Details

Increasing Buyer Demand in 2021 - Ref: Buyer Demand

Increasing Buyer Demand in 2021 - Ref: Buyer Demand

2021 is off to a brilliant start in business sales as Seek Business reports another record month of traffic and enquiries. With website traffic up 23% and enquiries up 45%...

 

Ref: Buyer Demand Details

Serviced Apartments in Eastern Suburbs  Ref: 10639

Serviced Apartments in Eastern Suburbs Ref: 10639

Takings: $47,455 per week approx. – 34 room/units serviced apartments business in several different locations for sale
– The serviced apartments in prime locations close by to major shopping centre and public...

Asking: $480,000  

Ref: 10639 Details

Serviced Apartments near CBD Train Station - Ref: 11633

Serviced Apartments near CBD Train Station - Ref: 11633

Takings: $18,000 pw approx – This well known serviced apartment is located in an unbeatable location within walking distance to a major CBD train station
– Currently premises have 20 rooms and potential...

Asking $699,000  

Ref: Details

Eastern Suburb Hotel on Main Road  Ref: 19132

Eastern Suburb Hotel on Main Road Ref: 19132

Takings: $22,000 pw approx.(Pre March 2020) * Very easy managed hotel with 36 rooms including conference room plus management suite
* Hotel close by to major shopping centre with many cafes and restaurants
* Hotel...

 

Ref: 19132 Details

Luxury Accommodation Venue  Ref: 15336

Luxury Accommodation Venue Ref: 15336

* Luxury hotel and spa with large land size in regional Victoria approximately one and half hour drive from Melbourne CBD
* Traditional hotel rooms and villas available. ...

Asking $11,800,000(Business + Freehold)  

Ref: 15336 Details