Celebrations started early this morning with Melbourne residents being let out of lockdown after 262 days. With summer just around the corner, hospitality, service and retail businesses are ready to welcome clients back into their venues. With face masks, Covid Vaccine certificates and check-ins still required - businesses can now start to plan for the future.
It has been a difficult time for business owners in Melbourne with many expressing the devastation and shock of being placed in lockdown again in September 2021. Business owners and leaders were pushing for a clear plan forward for businesses.
There was a lot of excitement from business owners today, as the restrictions eased. It's time for the economy to start bouncing back, and owners to be able to welcome clients back into their businesses. See the 1,400+ businesses for sale in Melbourne on Bsale.
Business Brokers have been navigating the effects of COVID on business over the past 18 months. The valuations and appraisals have taken into account the loss of trade, forced closures and government grants. Business brokers have learnt to adapt and have been conducting client visits online.
For example, Alan told Bsale about a factory business he is selling in Dandenong VIC that had an amazing amount of interest interstate, even though the buyers couldn’t actually view the property due to the various lockdowns.
“I had to arrange zoom interviews with each of them as the owners walk around the factory, I was zooming the owners and the machinery. I said if you’re interested, put down a holding deposit and fill out a form.”
“ Two days later I had four offers! One at the price they’re asking and three above it.” Alan said. ”Similarly, you’re putting something on the internet and all of a sudden you have 10 enquiries the next day.”
We take a look at some businesses that are currently for sale in Melbourne.
Mill Park, VIC
Established 8 years, this salon has moved into premises in a new building, so has a modern, on-trend up to date look with new fitout. This is a turn-key business. Has a high exposure corner location close to a major shopping mall, new housing developments and has residential apartments in the same building.
Perfect opportunity for a stylist looking for their own salon with a well-established reputation and staff with familiarity for regular customers or for an established business looking to expand into this area.
An inspection will impress.
A well-established restaurant with professional fit-out and decoration, located in a high foot traffic spot in the suburb of Elsternwick (bayside). Established and curated by a highly experienced head chef. This prestigious and modern restaurant was fully renovated in 2018 - the owner spent about $300k in new fit-out & design only!
This restaurant with it's an amazing location and set-up has also got the potential and ability to be converted to a local Breakfast-Lunch Cafe!
Selling due to owner's retirement
Busy High Street Thornbury - Pumping New Age Vibe - Complete with rear Courtyard - Night trade only - Closed Monday - Licensed 11pm for 50 patrons - Rent only $1,040 pw - Includes 3 bedroom dwelling - Secure lease in place - Private function potential.
Much sought after foodie precinct
All reasonable offers considered
South Melbourne, VIC
Permanent Site for 40 years – Turnover (2020) $413K. This well-established family business has been trading in the same position in the South Melbourne Market for 40 years. A sought-after corner position in the vibrant Centre Aisle of the market, with main access to both Coventry and York Streets, plus a primary visual sightline from the car park internal Market Entry.
This popular and much-loved retail outlet will continue to provide a good income for an owner-operator once lockdown ends and normal trading resumes to include non-essential services.
Price: $150,000 +SAV