VNM Small Business Magazine 009 by VNM Small Business Magazine

BUSINESS VNM MAGAZINE

GENDER EQUALITY

THE ECONOMIC ARGUMENTS FOR EQUALITY ARE OVERWHELMING BUT STEREOTYPES KEEP GETTING IN THE WAY

ISSUE #09 JAN 2015

RISK PLAN

HOW TO MANAGE A BUSINESS RISK AND KNOW HOW TO PREPARE FOR THEM READ ON PAGE 04

MARKETING THROUGH WHAT MEDIA CAN YOUR BUSINESS REACH OVER 1 BILLION PEOPLE? READ ON PAGE 12

BUSINESS

WHERE BEST BUSINESSMEN FIND THEIR PERFECT IDEAS TO CREATE NEW BUSINESS READ ON PAGE 14

WHAT IS MY BUSINESS WORTH?

WE TAKE A LOOK AT WHAT YOUR BUSINESS IS REALLY WORTH READ ON PAGE 10

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S E S S E N I S U B SALE FOR ent cont

Contents ISSUE #09 JAN 2015

BUSINESS RISKS The best ways for a business to manage risk is to evaluate risk factors and make contingency plans on how to deal with the risk when and if it presents itself.

PREPARING THE NEXT GENERATION family business goes beyond simply increasing sales, head count or profits.

Family business

entrepreneurs create and support growth and learning.

YOUR BUSINESS VALUE? We take a look at what your business is really worth and what sets a high value business apart.

FACEBOOK MARKETING Through what other media channel can your business reach over 1 billion people, target exactly the demographic you wish and have direct communication with your customers?

BUSINESS INSPIRATION

CHINA’S BUSINESS CULTURE

MONEY

A new year is always full of resolutions and most SMEs will be focusing on two things –

Everyone dreams of finding one idea that will change everything. The truth is, we never know exactly when inspiration WILL STRIKE!

There are signs, in many ways sad ones, that the gap between eastern and western cultures will become minimal within a generation or two.

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Avoiding risks and how to deal with the risk if it occurs can help the business avoid further damage or exposing itself to risk in the first place.

G ender Equality why women are still

HELD BACK

19 reducing costs and chasing growth

SAVINGS

20 22

WHAT DOES THE NEW YEAR HAVE IN STORE FOR SMALL BUSINESS OWNERS? WE ASKED A FEW PUNDITS TO PREDICT THE TRENDS THAT MAY AFFECT YOUR SMALL BUSINESS IN 2015

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S E S S E BUSIN SALE FORntent co

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WHAT RIKSKS? Business risks include investment decisions, product development, marketing, and dealing with competitive forces. Incorrect business decisions may cause lower than expected profits, reduced financial liquidity and loss of competitive advantage. Planning will help you understand what your business is designed to accomplish, who your customers are and if you are meeting your goals

>> hot

RISK IS AN INTEGRAL PART OF EVERY

BUSINESS OPERATION. THE SUCCESS OF A COMPANY’S RISK MANAGEMENT STRATEGY HAS DIRECT IMPACT ON THE COMPANY’S OVERALL SUCCESS.

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How to manage a business

RISK Business risk originates from many different areasâ&#x20AC;&#x201D;internal to the business and from external sources. The best ways for a business to

manage risk is to evaluate risk factors and make contingency plans on how to deal with the risk when and if it presents itself.

PLANNING WRITE A BUSINESS PLAN

a heavy machine, such as forklifts, you may want to have each employee earn an OSHA certification for operating the machinery as proper operation of the forklifts can avoid injury and damage risks

The process of writing and putting together a business plan is a vital step to assessing, evaluating and planning for the risks of running a business from the various standpoints of the business. This includes operations, finance and marketing.

DETERMINE INSURANCE Even the best of planning efforts may fall short, make sure to always update these plans, so when the business is exposed to a risk, react accordingly and then put a formal plan and procedure in place in case the same risk occurrence happens again.

TRAIN EMPLOYEES Avoiding risks and how to deal with the risk if it occurs can help the business avoid further damage or exposing itself to risk in the first place. For example, if your business deals with

GET PLANNING PLANNING FOR THESE RISKS IS THE MAIN THEM OF MANAGING A BUSINESS RISK, MANAGING RISK ALSO HAS A LOT TO DO WITH HOW YOU REACT WHEN RISKS ARISE.

Most businesses carry liability insurance or insure the building and contents where the business operates. Depending on the business activities, you need to determine the other types of insurance and obtain the correct coverage for your business. For example, a tile installation business should carry liability insurance in case a worker is injured while installing tile. A real estate business or legal business may obtain an errors and omissions insurance policy in case a client sues for a professional wrongdoing.

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PREPARING the next

GENER FUTURE BUSINESS

KEY CHALLENGES INCLUDE >

THE KEY TO THE SUCCESSFUL EVOLUTION OF ANY FAMILY BUSINESS IS THE DEVELOPMENT OF THE YOUNGER GENERATION OF THE FAMILY MEMBERS FOR THE LEADERSHIP, COMMERCIAL AND GENERAL BUSINESS SKILLS DEMANDED OF THE FAMILY BY THE BUSINESS. IN ADDITION, YOUNGER GENERATIONS SHOULD UNDERSTAND THE RESPONSIBILITIES THAT SUCCESS CAN BRING, AND HOW BEST TO ENSURE THEIR POSITIONS OF COMMERCIAL INFLUENCE AND THE BENEFITS GIVEN TO THEM BY PERSONAL AFFLUENCE, ARE DEPLOYED IN WAYS WHICH WILL GIVE THEM THE BEST CHANCE OF FULFILLED, PRODUCTIVE AND HAPPY LIVES.

• DEVELOPMENT OF FAMILY MEMBERS INVOLVED IN THE BUSINESS AND PREPARING THEM FOR FUTURE LEADERSHIP IF APPROPRIATE • EDUCATING THE NEXT GENERATION TO BE RESPONSIBLE OWNERS OF THE BUSINESS • ENCOURAGING THEM TO BE RESPONSIBLE WITH WEALTH • DEVELOPING A COHESIVE TEAM IN THE NEXT GENERATION WHICH CAN WORK TOGETHER TO ARRIVE AT CONSENSUS, ALLOWING CONTINUED BUSINESS SUCCESS AND FAMILY HARMONY.

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RATION NEGOTIATING SUCH CHALLENGES SUCCESSFULLY AND SUPPORTING AND PREPARING THE NEXT GENERATION IS KEY TO ENABLING THEM TO UNLOCK THEIR FULL POTENTIAL AND ALLOW SMOOTH TRANSITION OF THE FAMILY BUSINESS FROM ONE GENERATION TO THE NEXT

ENTREPRENEURSHIP ACROSS GENERATIONS Trans-generational entrepreneurial behaviour in family business goes beyond simply increasing sales, head count or profits. Family business entrepreneurs create and support a growth and learning orientated culture in both the family and the business, and they reinforce entrepreneurial behaviour in their relatives of all ages. They encourage successors to be alert to their environment so as to spot and take advantage of profit opportunities. At the foundation is a loving and learning family that fosters cooperative family dynamics between generations over time.

THE MINDSET

GENERATIONAL ENTREPRENEURSHIP The key to long-term business success lies in the ability to build and sustain an entrepreneurial family. Family businesses are the engine that drives socioeconomic development and wealth creation around the world, and entrepreneurship is a key driver of family business. Entrepreneurial thinking and leadership are fundamental factors in the creation of new enterprises and the sustained competitive advantages of corporations both large and small. The ability to create and foster an entrepreneurial mindset across generations is a major element of family business continuity and longevity and is instrumental in effective strategic execution, innovation and growth.

Enterprising families work together to define the role and context of entrepreneurship in their family and business. They are committed to the long term and enlist champions among ownership groups, key family members and non-family managers. These families explore the history of entrepreneurship in the family business, including actual examples from the past and present, and discuss ideas for the future within this context. This process helps entrepreneurs understand the role the family has played and what it can do to advance and perpetuate success in07 the future.

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For many family businesses, the ability to communicate through generational barriers is crucial for the ultimate success and longevity of the business. BDO has worked with family business across generations for many years and the company has repeatedly stressed the importance of fostering the powerful and synergistic release of cross-generational sharing, learning and performance. Businesses generally recruit along two distinct lines. Hiring youth allows companies to remain competitive and cutting edge whilst maturity provides access to knowledge and experience. With each new generation, the view of what is ‘normal’ changes. This separation of ideas coupled with the emotional ties found within family businesses and the gap between generations begins to widen. The most successful organisations in today’s markets understand the importance of generational integration and the value that each individual’s skill set and knowledge brings to the business. Similarly, a family business needs to recognise that each generation brings something new, different and valuable to a family firm. If you are a parent, you are probably the

founder of your business and now have the opportunity to position your children as your business successors. Your role is not an easy one. Mastering and mentoring or teaching is somewhat like mastering the rhythm and beat associated with playing a musical instrument. Understanding the behavioural and motivational differences between generational sub cultures will help you read the music and enable you to play the instrument with confidence and finesse. If you are the children of a silent or baby boomer generation member you are more likely to be from either generation X or Y and have a more challenging role to fill than you imagined. How you handle the responsibility is crucial to the succession process and the future success of your family’s business. By understanding generational characteristics, a family business is more likely to develop an insight into specific generational ‘trigger points’ – the things that motivate a member of a specific generation. By developing this understanding, families can begin to remove any conflict and hostility that exists between generations which ultimately benefits the individual, the family and most importantly, the business.

MOVING FORWARD By understanding generational characteristics, a family business is more likely to develop an insight into specific generational ‘trigger points’ – the things that motivate a member of a specific generation. By developing this understanding, families can begin to remove any conflict and hostility that exists between generations which ultimately benefits the individual, the family and most importantly, the business.

DIFFERENT TYPE OF BUSINESS IDEA Trans-generational entrepreneurship promotes a common vision and mission among key family business stakeholders across generations. This inclusive, forward-looking strategy creates a set of adaptive values and protocols that promotes family unity and business acumen. Regardless of what form it takes, entrepreneurship links people’s vision, commitment and passion to a common cause.

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Research has indicated that baby boomers enjoy collaborative learning and working in teams so utilising them in a mentoring capacity could be very beneficial. Family businesses need to recognise that mentoring forms a significant piece of a strategic plan to ramp up staff retention and increase the knowledge and skills of talented employees. Younger family members often talk about their disenchantment with the family business, describing the onerous demands or expectations placed on them by parents who have confidence in their abilities, but lack the time or skills to help them succeed. The result is frustration and a fear of failing, with many members of the X and Y generation planning to move on and look for a ‘normal’ business environment. This means many family businesses fail to successfully explore the potential of cross-generational sharing, learning and performance. By using the more experienced baby boomers with their extensive knowledge, impressive networks and broad-based business experience, you have the ability

to buffer the next generation against frustration and create a focus for their career paths. Ultimately, baby boomers can assist successors in acquiring the skills-based knowledge necessary for transferring the management and ownership of the family business into the next generation. Whilst statistics show that many businesses do not survive the hand over to second and subsequent generations, understanding generational differences is the key to surviving the potentially lifethreatening stage of business succession. Take the time to mentor the next generation because the only way to shorten the transfer of knowledge from one generation to the next is to have someone with more experience to accelerate the succession process. Remember, each individual brings different skills and knowledge to the business and each generation brings something new, different and valuable to the family firm. Use the information available in your business to build solid intergenerational teamwork.

THE DRIVE There must be a drive to create trans-generational wealth for the business and its owners. This is rooted in a growth orientation that motivates the family, the ownership group and their non-family managers to be forward thinking and to communicate and pursue specific strategic expansion plans for the business.

>> THE CONCEPT OF ENTREPRENEURSHIP DERIVES FROM RICHARD CANTILLON, AN IRISH ECONOMIST WORKING IN FRANCE WHOSE THEORY WAS PUBLISHED POSTHUMOUSLY IN 1755. CANTILLON RECOGNISED THE ENTREPRENEUR AS AN INDIVIDUAL WHO ACCEPTS AN ELEMENT OF UNCERTAINTY IN THE COURSE OF PROFITSEEKING BUSINESS ACTIVITY.

A MUST FOR BUSINESS Over the next decade, as the Australian population ages, many family businesses are expected to change hands. Since the average life span of an Australian family firm is only 2X years, and a mere onethird of these businesses survive into the next generation, it’s imperative for business to foster entrepreneurship across generations to increase the chances that their businesses will be amongst the survivors

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HOW MUCH IS your business

WORTH COUCHING SECTION

FOR MANY SMALL BUSINESS OWNERS, THEIR BUSINESS IS THEIR LARGEST ASSET AND FOR MANY, ONE THAT IS EXPECTED TO HELP FUND THEIR RETIREMENT. WE TAKE A LOOK AT WHAT YOUR BUSINESS IS REALLY WORTH AND WHAT SETS A HIGH VALUE BUSINESS APART.

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Irrespective of whether you are contemplating retirement or have many years ahead of you in business, every business owner is curious about just how much their business is worth. For every business that sells for an attractive price, there are many that struggle to sell, let alone fetch an attractive price. With the average age of business owners increasing and fewer new entrants looking to buy existing businesses, the sale price of many businesses is likely to come under pressure.

This is what a buyer is prepared to pay for. If a buyer has a reasonable certainty of profits and free cash flow in the future, then this is worth something. What influences business value and what will people pay for? 1. A history of profits, profits, and more profits 2. Returns on capital invested better than 30% 3. Strong growth and growth prospects 4. Brand name and value 5. A business not dependent on the owners 6. A strong customer list

When you come to sell a business the first question is – what are you selling? In most cases, this is fixtures and fittings, plant and equipment, stock on hand, and the goodwill of the business. Generally, a buyer won’t want to purchase your liabilities or your business structure, nor will they want to collect your outstanding debtors. Most business sales become a sale of business assets. These assets are relatively easy to value with the exception of the goodwill. The value of plant and equipment, and trading stock, can generally be agreed. The tension is usually around the value of the goodwill. This is because goodwill is made up of many intangible assets, things that you can’t readily quantify. This can include the value of: the business name; the customer list; the income stream generated by the business; your location and lease on premises; your brand value; franchise or distribution rights; your operating systems; advertising; and, supply agreements. And the list goes on. We can all agree that there is value in these assets but the question is, how much? Goodwill is basically the value of the future free cash flow of the business. Based on how your business is structured, it is the value of the profits the business can generate in the future.

7. Monopoly income , exclusive territories 8. A sustainable competitive advantage 9. Good systems and procedures

It is possible to get a price that is widely different from the norm. Unique businesses, unique circumstances, and unique opportunities can always produce ‘an out of the box’ price. If you can build something special, then you may achieve a price beyond normal expectations. At the end of the day, the market will set the price. If you are planning to sell your business, be aware of who your buyers might be. There could be someone out there who is prepared to pay a big premium to own your business. And, even if you are not thinking about selling your business, the reality is that one day you will be. If you build your business with this in mind, then you should be looking to do those things that will grow your business value from year to year. The majority of purchasers, when they assess the value of a business will look for established trends. This means seeing business performance reflected in the financial statements over a number of years. Most buyers and their advisers will want to review the financial performance of the business for at least the past three years. So, if you are making changes to enhance the business value then ideally these changes will show themselves over a sustained period.

>> THE INFORMATION CONTAINED IN THIS ARTICLE IS OF A GENERAL NATURE ONLY AND IS NOT INTENDED AS ADVICE. IT HAS NOT TAKEN INTO ACCOUNT YOUR PERSONAL SITUATION OR CIRCUMSTANCES. YOU SHOULD SEEK PROFESSIONAL ADVICE BEFORE ACTING UPON ANY OF THIS INFORMATION. 011

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FACEBOOK FO

BUSINES THROUGH WHAT OTHER MEDIA CHANNEL CAN YOUR BUSINESS REACH OVER 1 BILLION PEOPLE, TARGET EXACTLY THE DEMOGRAPHIC YOU WISH AND HAVE DIRECT COMMUNICATION WITH YOUR CUSTOMERS?

>> CONTRARY TO WHAT MANY BELIEVE, ONLINE BUSINESS MARKETING ON FACEBOOK BENEFITS SMALL,

THIS IS WHY ANY BUSINESS – BIG OR SMALL – SHOULD CONSIDER ADVERTISING ON FACEBOOK. IT’S A GREAT OPPORTUNITY FOR A COMPANY TO MAKE ONLINE SALES, GET A FOLLOWING AROUND THE BRAND, CREATE A PLATFORM WHERE CUSTOMERS CAN DISCUSS THE PRODUCTS AND, WHEN DONE SUCCESSFULLY, LET PEOPLE SPREAD THE WORD ABOUT YOUR QUALITIES.

ONLINE SALES VS. ATTRACTING LIKES When creating a Facebook business strategy, it’s important to think through what you want to achieve. Is your goal to make ads and drive traffic to your website, perhaps a web shop where visitors can make a purchase, or do you want to drive traffic to a Facebook fan page where visitors can “like” what you do?

TRADITIONAL RETAILERS THE MOST.

Many businesses benefit from both, so perhaps a combination is the best choice. Just make sure your primary reason for being on Facebook is clear before you start working.

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VNM Business magazine Facebook allows you to find, define and understand the demographics for your product. When you know who your customers are, you’re able to provide the right audience with the right product or service.

FOR

ESSES This is a straightforward way to advertise your business on Facebook. You make traditional external-website ads and when someone clicks through, he or she is directed to your web page where a purchase or sign-up can be made. This way of using Facebook for business advertising has proven to be very successful for countless companies. And when you do it, you’ll get the results right away. Just compare how much you spend on Facebook ads to the revenue and you’ll know whether or not you need to tweak your campaign in any way. However, when doing external-website ads you may miss out on the social aspect that Facebook is made up of.

MOST ONLINE ADVERTISING REACHES ONLY 27% OF ITS INTENDED AUDIENCE. FACEBOOK’S AVERAGE IS 91%.3

Don’t forget that “liking things” is the backbone of this entire network.

Attracting Likes Businesses may see better results even when advertising a product or service, by first sending visitors to a fan page where they have to like the page to see the offer. After that, they can click out to the web page to make a purchase.

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FACEBOOK MARKETING FOR SMALL BUSINESSES But who benefits the most from Facebook marketing? Contrary to what many believe, online-business marketing on Facebook benefits small, traditional retailers the most. Small businesses offer unique products or services to a smaller range of customers and Facebook provides an excellent opportunity to reach the exact target audience with a personal approach. To succeed in small-business marketing on Facebook you don’t need to run a modern IT company. One benefit with Internet marketing for small business is that it allows you to compete with larger corporations.

If you offer a niche product or service, you might even have a competitive advantage. A large business will not have time to focus in depth on a single niche.

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Take inspiration

HANDS in your own

EVERYONE DREAMS OF FINDING ONE IDEA THAT WILL CHANGE EVERYTHING. THE TRUTH IS, WE NEVER KNOW EXACTLY WHEN INSPIRATION WILL STRIKE! MANY SEEMINGLY CRAZY BUSINESS IDEAS HAVE TURNED OUT TO BE INCREDIBLY SUCCESSFUL.

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SECRET OF SUCCESS The likes of Mark Zuckerberg and Bill Gates or Steve Jobs however make us think that genius is a key ingredient and also that, entrepreneurial brilliance only strikes at a young age. The truth is the majority of entrepreneurs are middle-aged and have used their experience and simple, everyday inspiration to invent a product or service into a business. Ideas often start out as solutions to problems you may encounter during your everyday life. Take Charlie Strite for example. He was really angry that the office cafeteria where he worked, continually burnt his toast!

So here are some tips about finding that next big idea. 1. Be attentive – inspiration may arise at anytime! Keep your eyes and ears open. 2. Start where you are – Have a look at your own life or workplace and find ideas in the things you deal with on a daily basis

KEEP AN OPEN MIND Keep an open mind to being inspired. Also, seek out content that may serve to inspire you.

3. Follow through on what you care about – It takes a great deal of time and energy to create or promote a business idea. Choose something you have a sustained interest in, or a passion for, to get you that much closer to success.

By reading books (motivational and biographical books are great), listening to constructive radio programs or podcasts, reading blogs, engaging in social media conversations, and even occasionally watching

Although electric toasters had been invented, they still required human intervention to ensure the toast didn’t burn or that the toaster never caught fire. Toasting bread was a hazardous affair! Fortunately Strite was an engineer and determined to find a solution to his pet peeve. So although Charlie Strite never invented the electric toaster, he did invent the ‘pop-up’ toaster, which not only solved his burnt toast problem but also made him a fair fortune.

This is of course not an isolated anedote. Stories like this happen every day around the world to would-be entrepreneurs. The trick is to be on the look-out for when situation and opportunities arise.

4. Don’t try too hard – Everyone knows ideas will often come to you when you’re busy doing something else. Your subconscious mind is the source of creative problem solving abilities. Sometimes it helps to do something that requires very little concious effort, like running, washing the dishes or even taking a shower. For example, Steven Spielberg is known to have said, he’s gotten some of his best ideas while driving!

TV, you can expose yourself to right kind of content. Be ready: you never know when inspiration might strike. And who knows, someone may be writing articles about you some day!

>> hot tips

SO INSPIRATION IS EVERYWHERE, PAY ATTENTION BUT ALSO, BE PATIENT. YOUR NEXT GREAT BUSINESS IDEA IS ON ITS WAY!

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Understanding the business culture of

CHINA CULTURE OF BUSINESS

THERE IS A PHRASE WHICH GOES â&#x20AC;&#x153;EAST IS EAST AND WEST IS WESTâ&#x20AC;?. THAT IS AS TRUE NOW AS WHEN IT WAS FIRST COINED. THERE ARE SIGNS, IN MANY WAYS SAD ONES, THAT THE GAP BETWEEN EASTERN AND WESTERN CULTURES WILL BECOME MINIMAL WITHIN A GENERATION OR TWO. Chinese society is changing very fast, especially in the younger generation, who are increasingly integrating with the rest of the world. But right now, there is still a yawning chasm between the two cultures. However, contrary to a widespread perception, the Chinese are very easy to get to know. They are warm, generous, interesting, curious, wise and thoroughly rewarding people to have as friends and business contacts. You will find that you will be asked quite a lot of personal information, such as: Are you married? How old are you? How much do you earn? The Chinese do not share

the western reticence to indulge in such topics of conversation. It is important not to be offended by such enquiries. However, the generally accepted rule of avoiding the topics of religion and politics do apply. No matter what preconceived ideas we in the west may have about Chinese politics, do not raise the issues of Taiwan or Tibet. It can only sour the atmosphere. To deal successfully with Chinese businesses demands an appreciation of the culture of China, in both the social and business settings. At the very least, the western enterpreneur should make the effort to understand and respect the Chinese approach to business

CHINESE BUSINESS ETHICS The Chinese are a proud nation. Many business deals fail at the outset due to fundamental misunderstandings. The toughest aspect of understanding people is to understand their ethics, values, etiquette and protocol. As outsiders, we miss the very subtle nuances operating within a culture and often we do not clearly understand what influences and drives a successful business relationship.

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matters. The Chinese are a proud nation. Many business deals fail at the outset due to fundamental misunderstandings. The toughest aspect of understanding people is to understand their ethics, values, etiquette and protocol. As outsiders, we miss the very subtle nuances operating within a culture and often we do not clearly understand what influences and drives a successful business relationship. It may be argued that there is an equal onus on the Chinese business person to adapt to western ways. However, this is simply not going to happen in the short and medium term. In any case, in the west we do say: “When in Rome, do as the Romans do!” So, we face a simple choice. Do it the Chinese way or be prepared for delays, disappointments, misunderstandings and, worst of all, mistrust. So, why bother at all? China has a low wage, low price economy which is growing rapidly. This is bringing enormous opportunities for western companies. Of course, it simultaneously creates profound challenges for the world. Most western businesses will feel the effect of this process in some way at some stage. But, the incentives are huge and the potential rewards make the effort worthwhile. And the effort required is not as daunting as it may appear. The paramount point to appreciate is that, although China may seem to be in a hurry, the Chinese business person is not. Patience really is a virtue. You will need time to build up a relationship with your potential partner. This relationship is called ‘guanxi’. In the Chinese business world, guanxi describes the network of relationships among various parties that cooperate together and support one another. The Chinese businessperson’s mentality is very much one of “You scratch my back, I will scratch yours”. It boils down to exchanging favours, which are expected to be done regularly and voluntarily. Therefore, it is an important concept to understand if one is to function effectively in

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>> hot tips Chinese business society. It takes time and effort to build such a relationship. Therefore, for most small and medium sized business, the recommended way for doing business in China is to set up a joint venture with a Chinese partner. By doing so, many of the cultural obstacles can be overcome with minimum frustration. The Chinese enterprise has the advantage of knowing the culture and procedures, while also being part of the guanxi network already. For the western business person, this means that it is only necessary to forge a trusting relationship with one Chinese contact. This means, of course, developing a mutual trust. You need to be sure that you have selected the right partner in China. This does need a lot of research, and it may be advisable to seek the help of a qualified China business consultancy. A reputable consultancy will not only have an extensive network in China, but also be able to take away a lot of the worries about the culture and language gap. When dealing with potential partners, just remember that China is expanding rapidly, but only at its own pace. The Chinese business person will not be hurried into an agreement. However, if you are prepared to understand and respect the business culture of China, you have a realistic chance of genuine success. But, if you are prepared to embrace the culture more fully, those chances increase manyfold. An open mind will open negotiations, but an open heart will open doors.

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GREAT

MON

saving tips fro 2015 Staff costs Jane Asscher, founding partner of business management advisers 23 Red, has two simple tips to save money on wages and recruitment. “If someone leaves the company, resist the urge to replace them immediately,” she advises. “This may seem odd but if you delay replacing someone quite often the gap gets closed by ambitious people picking up their role. If the gap’s still there and really needs filling, then you’ve saved money in the meantime. “If you do need to recruit, encourage your employees to be headhunters and pay them a bounty for new recruits.”

Suspend buying

MONEYS TRAINING

UTILITY COMPARISON SITES ARE AN OBVIOUS WAY OF REDUCING ENERGY, TELEPHONE, BROADBAND AND MOBILE DATA BILLS. BUT WHAT ELSE CAN SERIAL ENTREPRENEURS AND THEIR ADVISERS DO TO GO GET A BETTER DEAL? LOOKING AT COSTS IN MORE DETAIL CAN HIGHLIGHT SEVERAL AREAS WHERE SMALL COMPANIES ARE SAVING THOUSANDS OF DOLLARS PER YEAR FOR RELATIVELY LITTLE EFFORT.

It is surprising how many entrepreneurs and business advisers share the same simple tip to reduce outgoings in the short term. At every level of business there are normally accounts with suppliers that staff turn to without thinking about the cost. A typically over-used account is the stationery provider, according to John Starr, a serial entrepreneur who has run publishing and communications companies for many years.

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ONEY >> hints A NEW YEAR IS ALWAYS FULL OF RESOLUTIONS AND MOST SMES WILL BE FOCUSING ON TWO THINGS ,– REDUCING COSTS AND CHASING GROWTH

“Each year at random I ban stationery purchases for a month and it gives a saving of around 8-9%,” he says. “In all the years it has never caused a problem as staff manage to find huge amounts in their desk drawers, on shelves and so on. It has to be at random or stocks will buildup.”

Outsource bad payers Bad debt is a huge issue for companies of any size. Not only does it take up staff time in chasing unpaid bills but it can cause businesses to incur interest charges for dipping into overdraft facilities and so can have a partial knock-on effect on their credit rating also. It goes without saying that all companies should do due diligence on any new customer, but no matter how careful a business is, unpaid bills are likely to be a problem from time to time. “I always use business debt collection solicitors,” he says. “An unpaid invoice can be the difference between success and failure and for a few 100 dollars we can issue a letter before action. Instead of chasing debts, we can focus our time and energy on growing the business and exploring opportunities.”

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Gender equality why women are still

HELD BACK THE ECONOMIC ARGUMENTS FOR GENDER EQUALITY ARE OVERWHELMING - BUT STEREOTYPES KEEP GETTING IN THE WAY OF PROGRESS

Women have never been in a stronger position to lead, change and shape the economic, social and political landscape. The 21st century has seen a dramatic shift in “traditional” family dynamics and greater recognition of gender in legislation has helped pull apart gender-role divisions. As a result women are far more economically independent and socially autonomous, representing 42% of the workforce and 55% of university graduates. Yet women are still less likely than men to be associated with leadership positions: they account for 22% of MPs and peers, 20% of university professors, 6.1% of FTSE 100 executive positions, and 3% of board chairpersons. This stark inequality is consistently reflected in pay gaps, despite the introduction of the Equal Pay Act in 1975. In recent reports 2.4 million unemployed women said that they want to find employment, and nine out of 10 people want to see men and women equally represented in leadership positions. If the intention to change is there, and basic social and political frameworks support women in the workforce, then we need to look beyond facts and figures to establish what other factors contribute to the gaping hole in gender equality. While statistics offer insights into current patterns and behaviours, they do not address why the skills and talents of women are not being fully utilized.

A relatively neglected factor is the role of stereotypes, reinforced by social and cultural norms, which underline certain expectations about gender. Decades of research has shown that stereotypes about men and women have a huge impact on our beliefs about how they should (or should not) behave. Consequently gender stereotypes reinforce social status and gender hierarchies: for example, surveys and experiments show that women are generally perceived as more “communal” and “loyal”, whereas men are described more as “protectors” and “competent”. Of course not everyone subscribes to these stereotypes, but there is evidence that men and women who behave in ways that contrast with these traditional stereotypes, such as career women or stay-at-home dads, are likely to be evaluated negatively by others. A lifetime of exposure to what women should be, how they should behave and who they should represent drives and reinforces unconscious and unseen biases. Unconscious bias is particularly important as it arises from the implicit assumptions and unspoken attitudes, beliefs and expectations that we all have about others. Study after study has highlighted that both men and women have unconscious gender biases.

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>> In the long term, encouraging women to participate in the labour market is vital to ensure economic growth at both micro and macro level. As we face an increasingly ageing population and the resulting shortage of skilled workers, it is fundamental that we also depend on high female employment and high wage returns in order to manage the skills deficit. We are taking bigger and bigger steps towards providing more flexible workplaces, better parental leave policies and more chances for women to get back into the workplace. But these opportunities are wasted if our stereotypes and biases distort the way we evaluate others, and often to their disadvantage.

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TRENDS THREE That Will Impact in 2015 Small Business WHAT DOES THE NEW YEAR HAVE IN STORE FOR SMALL BUSINESS OWNERS? WE ASKED A FEW PUNDITS TO PREDICT THE TRENDS THAT MAY AFFECT YOUR SMALL BUSINESS IN 2015. TREND ONE: SOCIAL RESPONSIBILITY “Purpose-driven business or conscious capitalism is a continuing trend, and companies large and small have been thinking, and I believe will continue to increasingly think, beyond profit,” says business and personal coach Phil Holcomb, co-founder of Extraordinary Learning in Seattle. An August 2014 survey by Lab42 found that 57 percent of consumers believe organizations are more socially responsible than they were three years ago, and 84 percent of respondents indicated they were willing to pay more for a product or service from a company they felt was socially responsible.

Small Business Impact: “Being a company that ‘does good’ for its employees, customers and community is a smart and effective focal point,” Holcomb continues. “I think that in this era of social media, a company that is solely a bottom-line entity will lose good employees, good customers and goodwill. While some of the ‘too big to fail’ companies may withstand this type of negative public opinion for some time, small businesses do not have the reserves to pivot and rebuild their reputations.”

TREND TWO BIG DATA “So-called ‘big data’ will continue to be a key basis of competitive analysis, un-

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WHICH OF THESE TRENDS WILL HAVE THE MOST IMPACT ON YOUR SMALL BUSINESS?

derpinning new waves of productivity, growth, innovation and consumer behavior,” says Linda Henman, president of Henman Performance Group in Chesterfield, MO. In 2013, 9.2 percent of small organizations used business intelligence software, up from 1.7 percent in 2010, according to data from a 2014 IDC report. Small Business Impact: “Now, small companies can buy sophisticated analytics tools for very little money, and sometimes these smaller companies can absorb and exploit these technologies faster and better than larger organizations can, essentially leveling the playing field,” Henman says. “Whether the organization is big or small, it will all come down to one thing: the rate of ROI in these technologies is only high when implemented correctly.”

TREND THREE

>> hints PUT SOME TIME INTO DEVELOPING YOUR ANSWERS AND POSITION YOURSELF FOR MORE SUCCESS IN 2015.

VNM Business magazine

ECONOMIC CONSTRAINTS “Federal budget constraints will impact both federal and commercial sectors, forcing focused alterations to business models and execution strategies,” predicts Brad Williams, co-owner of The Alternative Board in the Washington, DC– area. Not surprisingly, an October 2014 NFIB study of small business attitudes saw a 5-point decrease in the percentage of owners planning capital expenditures in the next three to six months, down to 22 percent. Small Business Impact: “With a tighter budget, small businesses will need to decide where they can save and where they can spend,” Williams says. “Owners will need to seek out additional forms of funding or develop consistently leaner operations, including a remote or outsourced employee base. Develop opportunities for outsourcing work to other businesses. One business owner’s overflow is another business owner’s paycheck!”

VNM Business magazine ORGANIC SKIN CARE SALON REF:B11722

$60,000

Currently trading very short hours, 4 days a week, there is an immediate opportunity to boost trading hours to icrease takings. The turnover of the business is made up of 60% retail sales of products and 40% of beauty treatments. Treatments available include facials, waxing, pedicures & makeup application. management model. Rent of $2,150 pcm inc GST. Lease terms of 3x3x3. Create an empire in the heart of Canterbury by buying this business for sale! With some of Melbourne’s wealthiest residents living nearby, this is an excellent opportunity for an astute beauty therapist or a savvy investor. Please contact Chris Panagiotidis on 9566 7326.

MODERN CAFE IN WILLIAMSTOWN REF:B11724

$148,000

Located in the business street of Williamstown. A cafe with an impressive menu for breakfast and lunch.Husband and Wife work together with the assistance of 2 Full Time and 2 casual staff. Business averages 22 to 25 Kg Coffee p/w. Consistent weekly takings averaging $11,000 p/w. Rent $1,349 p/w. Great Commercial Lease of 5x5x5. Full Commercial Kitchen. Liquor License has just been approved. Large space with 55 seating capacity inside and 8 out. Current owners looking to start a family and are leaving a great business behind with all the hard work already done to it. Please contact Ismar Muratovic on 0404 146 202.

MOBILE SECURITY DOOR

P. O . A .

REF: B11725

Specialising in security doors, windows & equipment, this successful business has been established for 20 years, giving a true indication of it’s achievements. With 2 fully equipped trucks, which act as the mobile workshops, the business is in a position to operate from any location. The Vendor is currently operating the business by appointment only, allowing you to control your workflow to be as busy as you like! Takings for the business are approximately $170,000 per annum with excellent net profits. Great opportunity to take over a well established business & make it your own, profiting from day one! Please contact Chris Panagiotidis on 9566 7326.

EXOTIC EUROPEAN CAR SERVICE

P.O . A .

REF:B11730

Absolute Business Brokers are proud to present this exciting Exotic European Car Service Centre Business for Sale. An easy 30 minutes drive from the CBD is this Service centre, specializing exclusively in the world’s most prestigious and exotic cars such as: Ferrari, Lamborghini, Maserati And other exotic and race cars, mostly Italian. Averaging $500,000 p.a turnover, Rent $62,000 p.a inc. GST. This is not just another “get them in, get them out” workshop where the customer drops off the car at 8 am and expects it ready for pick up by end of business day. It is a low stress and minimal pressure environment where customers are happy to wait. Please contact Ismar Muratovic on 0404 146 202.

VNM Business magazine

VNM Business magazine PIZZERIA RESTAURANT REF:B11732

$1 4 9 , 5 0 0

This Pizzeria has been set up from scratch with brand new equipment 8 months ago. The business is already flourishing. Run under management it has established itself as the place to go have Italian. Already averaging $10,000 per week takings. Double shop with rent of $750 per week inc. G.S.T. Full Commercial kitchen. Seating up to 60 people. 3 Full time and 3 Part Time staff run this business with the owner not on premises.The business has cemented a great foundation and reputation with most of the legwork and expense already done! Please call Ismar Muratovic on 0404 146 202 or Phil Booysen on 0429 006 921.

TREE SERVICES BUSINESS REF:B11741

P.O . A .

This is an excellent business opportunity for someone looking to purchase a well established tree maintenance business. Operating for 15 years and affords an excellent work/life balance with hours of operation being Monday to Friday. Offering tree services including tree lopping, tree trimming, pruning & shaping, stump removal and more. Currently taking approximately $400,000 per annum with excellent net profits and very few overheads, including NO RENT! Currently run by 1 full time and 1 part time owner with the addition of 4 subcontractors. Great outdoor business. Contact Chris Panagiotidis on 9566 7326.

CATERING AND HIRE SUPPLIER

P.O . A .

REF: B11743

Events Catering And Hire Supplier- Multiple Locations An outstanding business comprising of 2 locations across Melbourne as well as mobile service and delivery. Based in Surrey Hills and Wantirnaboth premises have very long lease options and reasonable rent. Both locations provide large range of frozen finger food and catering options for parties, events and corporate functions as well as extensive variety of decoration and balloons. Boasts 3 bedroom residence upstairs currently rented providing generous income. Very easy to run- no experience necessary and staff in place at both locations. Contact Chris Panagiotidis on 9566 7326.

CAKE SHOP BUSINESS

$59,000

REF: B11748

Right in the heart of Richmondâ&#x20AC;&#x2122;s busiest shopping strip, this cake shop business for sale has been serving customers for 28 years. With clients coming back for every occasion from birthdays, to weddings, to Christenings, the repeat clientele in this business is high.Taking average $3,500 + per week. Rent approx $5,000 per month. Prime location with all baking facilities on premises. Residence above business currently used only for storage. This business is ideally suited to a cake decorator or baker looking for an established business that they can grow into something bigger and better. Call today and register your interest. Contact Damon Ambatzis on 0402 225 989

VNM Business magazine

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MANAGED GYM IN THE NORTH

REF: B11717

Established 20 years ago, this gym is located in Melbourneâ&#x20AC;&#x2122;s inner northern suburbs. Huge premises of 1500 sqm over 2 storeys offers ladies gym upstairs, aerobics room, change rooms & 725 members. Recently renovated approx $350k per annum.- Rent of

$5,400 per calendar month & long lease of 1x4x4. Managed fitness centre offers its members 24 hours access. Excellent equipment with current renovation being completed before sale. If you are looking for a lifestyle business look no further. Please contact Petros Margaritis on 0416 000 154.

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FRANCHISE MOBILE COFFEE REF:B11718 This franchise for sale was established in the south east nearly 7 years ago & the vendors are now looking for a change. Loyal customer base already developed Currently operates Monday to Friday 9.15am - 1pm with some weekends depending on bookings for event. The business

comes with an equipped vehicle. Currently taking an average of $3,000 per week there is plenty of potential for much more growth with a driven operator. If youâ&#x20AC;&#x2122;re looking for the perfect lifestyle business, working the hours you choose out on the road not stuck in the same place. Please contact Petros Margaritis on 0416 000 154.

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BEACH SIDE SUBWAY REF:B11719 Situated on the main road of Point Nepean Road this Subway is located opposite the popular Rosebud Carnival, caravan park and next door to a busy petrol station! Established for 10 years the Subway franchise has proven to be a long standing successful franchise system! Excellent lease of $2200 PCM with a new 5 year lease and further options of

5 x 5 years! Franchise provides full support and training. Already own a Subway and looking to expand? This particular opportunity is run under management and would be an excellent addition to your portfolio! Call today and register your interest with this franchise as this opportunity will not last. Please contact Chris Panagiotidis on 9566 7326.

VNM Business magazine

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BUTCHER IN MACEDON RANGES REF:B11720 Located in rural north west Victoria, this thriving butcher business is an icon of the area, having been established for a very impressive 30 years, with 6 of those years being with the current owner.Trading 6 days per week with an early closing time of 2pm on Saturdays and closed on

Sundays, the business is run by 1 full time owner, 1 full time staff member and 1 part time staff member. Excellent weekly takings of $13,500 per week. Suited to a butcher who is ready to take to the next level and get the rewards. Please contact Chris Panagiotidis on 9566 7326.

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CELLARBRATIONS BOTTLE SHOP REF:B11721 Located in a busy shopping centre this business sees plenty of foot traffic with abundant parking onsite. Operating 7 days per week, the vendor operates the business with the assistance of 4 casual staff. Takings of $42,000 per week. The business comes equipped with everything you

need, all you need to do is take over & continue operations! Rent of $92,800 per annum. Easy business to run, ideal owner operator business. Great first business in an industry of high demand. Great support given from current owner as well as all reps. Please contact Petros Margaritis on 0416 000 154.

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HAIR SALON FOR SALE REF:B11723 Established 20 years ago the salon offers a great reputation & a loyal client base. Parking at the door & surrounded by shops on a busy road just off one of the areaâ&#x20AC;&#x2122;s major highways. Taking $6,000 per week. Vendor works part time with 2 full timers, 1 part timer & a casual so familiar faces will remain to ensure you keep the clientele. Plenty of

VNM Business magazine

room & well equipped with 10 cutting stations, 2 wash basins, a beauty room & private parking. Rent of $1,810 pcm. Located in a shopping strip in Cranbourne. Fantastic opportunity to take over this long established salon & make it your own. Salon operates Monday to Saturday with late night Friday. Please contact Petros Margaritis on 0416 000 154.

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FISH & CHIPS IN WEST

REF: B11751

This busy little fish & chip shop in the heart of Darley is well set up and an outstanding investment opportunity. Ideal owner operator business. Currently selling 10kg of fish, 360 dim sims, 15kg of chips in addition to 10kg of burgers and 20kg of lamb per week, the business is poised

for growth.With the addition of a 1 bedroom residence at the rear, there is potential for further income by sub-leasing the property or living right next to the business yourself. Be quick to inspect this fantastic business opportunity! Please contact Chris Panagiotidis on 9566 7326.

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CAFE BUSINESS FOR SALE IN CBD REF:B11726 Perfectly positioned on Bourke Street, the business is located below an office building that is a workplace to 300 people in addition to 3 levels of residential apartments. In addition to this, the location is very close to Etihad Stadium & with recent complaints about the price of food at

the venue, there is excellent potential to boost takings from the football crowds. Rent $1,874 per calendar month. Lease 5x5 years. Seating capacity for 20 people. Trading 5 1/2 days per week, the business is operated by the owner on a full time basis with the assistance of 2 part time staff members. Please contact Chris Panagiotidis on 9566 7326.

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MANAGED HAIR SALON REF:B11752 This long established hair salon located in the northern suburbs is currently run under management! This could be an ideal opportunity for a hairdresserâ&#x20AC;&#x2122;s first business to hit the ground running with the busines continuing to operate as you take over, or a great investment! 6 stations,

2 basins. Rent of $4,247PCM. Lease of 3x3. Taking $5,000 per week, no advertising in place & no website.This business is ready for the next level with the right operator at the helm. Please contact Petros Margaritis on 0416 000 154.

VNM Business magazine

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ORGANIC SKIN CARE LINE REF:B11727 The brand has a loyal following around the world, and is considered a benchmark company for quality organic skincare. Products have won awards, have been featured in numerous magazines, and inducted into industry Hall of Fame. The company has established distributor

contracts throughout China, Malaysia, Hong Kong, Maccau, and Russia, as well as retail outlets and active web sales around the world, all with further scope for expansion. The business is set up so that it can be managed from anywhere, including a home office, Please contact Chris Panagiotidis on 9566 7326.

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WOMANS ACCESSORIES RETAILER REF:B11728 Every girl knows itâ&#x20AC;&#x2122;s the accessories that make the outfit. There is no need to travel outside of Sale to complete an outfit. This business has been successfully operating for over 8 years and caters for all ladies accessories. Shoes, Scarves, hats, Umbrellas, Gloves, Bags, Jewellery,

Boots, Luggage and Clothing. Double Shop, Low Rent of $2,495 for both shops Commercial Lease of 2x5, Averaging yearly takings of $7,000 p/w. Huge clientele base. The store is very well located in the heart of a busy main street. . Please contact Ismar Muratovic on 0404 146 202

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BEACH SIDE PIZZA REF:B11729 Excellent beach side pizza takeaway business next to Chelsea Primary School, train stations and bus stations.Excellent set up and presentation, ideal for those looking for a well presented business earning decent income. Seating of 10 inside allows for dining in, great for busy summer

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periods with hungry patrons from the beach looking for a bite to eat! Rent of only $708 per week. Open Monday to Friday 5pm- 10pm and Saturday 5pm - 10:30pm. Please contact Chris Panagiotidis on 9566 7326.

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ENTERTAINMENT COMPLEX

REF: B11733

This business was established 5.5 years ago & is well equipped & well staffed for a new owner to just take over & profit from day one! Located in the northern suburbs of Melbourne, this hugely popular playground brings customers from all around, offering Laser Tag, a multi level children’s play

centre, glow in the dark mini golf, arcade & cafe. The cafe seats 85 & there are 7 party tables to be able to offer themed parties in the play centre or Laser Parties. Taking $498,000 per annum. This complex has enough room to keep up with the latest fad and still keep existing setup and clientelle. Contact Petros Margaritis on 0416 000 154.

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CAFE FOR SALE REF:B11754 This busy Cafe for Sale is located in the heart of Malvern, one of Melbourne’s most sought after suburbs. This easy to run café, provides a good point of difference to the customers making it a popular destination with a strong support base. Tired of working for others? Then this is ideal

for you. Takings of $7,000+ per week, Long Lease in place. Lots of foot traffic. New developments in the area ensure future growth potential. Easy to run. Training will be provided if needed. This business is well setup with loyal clintelle. Contact Phil Booysen now on 0429 006 921

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CAFE RESTAURANT IN ELTHAM REF:B11735 Excellent establishment with enormous potential and capacity. With outstanding presentation and views- this business serves as a successful cafe by day and fully licensed to cater for restaurant dining by evening. Currently operating short hours of 8am-4pm daily.Capacity to comfortably fit

80 inside, 40 outside in spectacular outdoor terrace and secure car spaces for up to 43 vehicles! Currently taking $7,000 per week with breakfast and lunch menu. The owners are selling due to retirement and best suited to those looking for a well presented business with large potential to extend trade and hosting events. Please contact Chris Panagiotidis on 9566 7326.

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PARTY SUPPLY BUSINESS REF:B11736 Outstanding Events Styling And Balloon Specialist Party Supply Business, Established in South East Melbourne is well known for competitive pricing and product. Providing unique balloon centerpieces and room styling. The business is a party supply store with a very elegant twist!

Store provides huge selection of party foods, candy and all party, decorating needs- a supermarket of function essentials! Takings of $5,800 per week. Lease in place at $46,780 per annum plus GST. Call today and register your interest. Please contact Chris Panagiotidis on 9566 7326.

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LYGON STREET RESTAURANT REF:B11755 Trading 7 days per week from 11am to 11pm and covering both lunch and dinner trade, the business is particularly busy Friday, Saturday & Sunday when people come from far & wide to taste the delights of Lygon Street!The restaurant boasts a private function room in addition to the

restaurant area and a full liquor licence until 11pm. With impressive takings of $12,000 per week and long lease terms available, this is an opportunity not to be missed. With the street having improved over the years business will keep growing even with a new owner. Please contact Chris Panagiotidis on 9566 7326.

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RESTAURANT FOR SALE REF:B11756 The business is Liquor licensed with seating capacity that can easily reach 50 inside with potential for more outside. Low rent of only $2060 inc GST for this huge double shop front. Lots of foot traffic . New developments in the area ensure future growth potential. Ample

VNM Business magazine

parking for your customers. Full and well equipped commercial kitchen. Restaurants and CafĂŠâ&#x20AC;&#x2122;s. Any cuisine will be suitable for this area and the large kitchen can accommodate all your needs. Call today and register your interest. Contact Phil Booysen now on 0429 006 921.

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INKSPOT FRANCHISE REF:B11737 Join the fastest growing ink cartridge franchise with this kiosk in a south eastern shopping centre. Offering a wide range of original & Inkspot brand cartridges & toners as well as cartridge refill services, they cover a niche market that has constant demand. Taking $12,500 per month

operating 7 days per week shopping centre hours. Business is easily operated with 1 person, ideal family or partnership business. Rent of $4,800 per calendar month including GST with a lease of 5 years. Call today and register your interest. Contact Petros Margaritis on 0416 000 154

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ONLINE KITCHEN BUSINESS REF:B11757 With no expense spared in creating this business, buyers can expect to inherit a top line website with interactive and highly detailed videos advertising each individual product offered by this fantastic online kitchenware business as well as a well thought out and implemented storage

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Call Chris Panagiotidis now on 95667326 to enquire

FISH & CHIP SHOP REF:B11738 Established 30 years this fish & chip shop has stood the test of time but the vendors are tired & no longer putting any effort in, so this is an ideal opportunity to get a well equipped operational shop to make your own . The business operates 6 days but only opens at 3pm during the

and distribution strategy. Offering buyers a wide range of food storage products and kitchen utensils and shipping throughout Australia. The system set up for distribution involves minimal input by the owner, leaving plenty of time for managing sales and further promoting the products.

week, huge potential for growth simply by opening for the lunch rush! Rent is so cheap at only $990 per month including GST & lease of 2x3. This business is ready for a new facelift as current owner is not willing to make any changes. Contact Petros Margaritis on 0416 000 154

VNM Business magazine

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PORTRAIT PHOTOGRAPHY STUDIO REF:B11740 One of Melbourne’s leading portrait and wedding photography studio businesses is now for sale. This portrait and wedding photography brand has been operating successfully for over 6 years. Currently generating a gross turnover of $650,000, and allowing the owner’s role to be limited

and not needing to operate the business on a day to day basis, this Photography Studio is perfect for someone looking to invest and focus on further growth such as franchising this successful business model. Call today and register your interest. Please contact Lee Panagiotidis on 9566 7326.

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BEAUTY SALON REF:B11758 This fully managed beauty salon has a prime location right near the train station in the eastern suburbs! Very reasonable price! Established over 15 years, the business offers a top location & as it is run under management could be a great investment to grow & operate as a side business,

or perfect for a first business for a therapist who is looking to hit the ground running & profit more! Taking $140,000 per annum, profits would be much higher for owner operator. Great salon ready for the next level with a new owner. Contact Petros Margaritis on 0416 000 154

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FLORIST BOUTIQUE REF:B11742 Nestled on a stylish street of Armadale this boutique offers a range of fresh flowers and arrangements. Personal consultations offered for exclusive designs and requests for corporate, wedding and all function needs.This particular business stands out from competition due to the

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quality , freshness and personal service provided to each and every customer.Ideal location amongst Melbourne’s finest neighbourhoods and shopping destinations. Taking $330,000 per year. Call today and register your interest. Call Chris Panagiotidis now on 95667326 to enquire.

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CAFE COFFEE SHOP REF:B11760 NO FOOD PREPARED ONSITE just reheating required. Offers encouraged, asking price is very reasonable vendor needs to sell. Serving a range of simple foods & cakes & coffee, this business is a kiosk which sees an abundance of foot traffic all around & offers high exposure.Estab-

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lished 10 years, Vendor has not made any use of any advertising (including the businessâ&#x20AC;&#x2122; Facebook page) .Currently taking $2,900 per week. Vendor is keen to sell so all offer will be presented. Call today and register your interest. Please contact Petros Margaritis on 0416 000 154.

CABINET MAKING BUSINESS REF:B11745 This family owned cabinetmaking business has been established 14 years and now the owners are ready for retirement, so this is an ideal opportunity for a carpenter/cabinetmaker or someone wanting to be one, to take over a thriving business & grow it your way! With a factory

located in an industrial area in Keysborough, this cabinetmaking business offers all types of cabinetry work including kitchens, laundries etc. Currently taking $608,000 per annum. With plenty of work right up to christmas, 2015 is looking very strong. Please contact Petros Margaritis on 0416 000 154.

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MEAT AND POULTRY BUTCHER REF:B11746 Outstanding presentation and position in Corioâ&#x20AC;&#x2122;s Sopping Centre. Positioned near entrance, main walk way opposite major retailers- this business is exposed to excellent foot traffic each day! Run entirely under management with a team of Full Time and Part Time staff! Established

for 20 years the business has established a solid reputation within the local community as a trusted source of fresh product. Turnover of an astounding $40,000 PER WEEK. Great oportunity for a butcher who is up to the challenge to seek rewards. Call Chris Panagiotidis now on 9566 7326 to enquire.

VNM Business magazine

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PRINTER AND COPIER RETAILER REF:B11763 Run fully under management of staff - some have been working in the business for decades! Turning over $4.8 million a year and established for 25 years! A business such as this is rarely seen on the market and now available as owner is looking to retire! Focusing on Kyocera equip-

ment, Based in Burwood the business offers a full range of services related to printing and copying. With the print industry going stronger than ever with more businesses wanting to promote in the climate. Call today and register your interest. Contact Chris Panagiotidis on 9566 7326.

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CAR WASH REF:B11749 Perfectly positioned on a prominent Bayside road, just a short distance from the Frankston Freeway entrance/exit. The car wash is passed by thousands of cars daily, giving it endless potential!The car wash is operated on a part time basis, Customers can access the car wash 24 hours a day. The busi-

ness could continue to be operated by itâ&#x20AC;&#x2122;s owner or by converting into an under management model. Facilities include 4 car wash bays, 1 automatic laser car wash and 5 vacuum bays. Great business, hassle free enviroment, easy to run. Contact Chris Panagiotidis on 9566 7326.

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CAFE IN BUSY MARKET REF:B11764 Established 6 years this business is located within one of the busiest markets in the northern suburbs! The best thing? Only operating Wednesday to Saturday from 6am to 3pm you get a long weekend EVERY weekend as well as all your evenings to yourself! .Serving

VNM Business magazine

16-17kgs of coffee per week & selling 5kg of coffee beans per week. Enormous amount of foot traffic passing through the market every day. Taking $8,000 per week with great net profits. Take advantage of what the Preston market has to offer. Please contact Petros Margaritis on 0416 000 154.

VNM Business magazine

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CHILDREN’S CLOTHING RETAIL REF:B11765 This business was established 6 years ago and is flourishing so you can just take over & start profiting! Stocking a range of quality kidswear brands including exclusive brands Sooki Baby, Rock Your Baby. Currently taking $27,000 per calendar month with good net profit. Busy shopping centre

with public transport & an abundance of parking at the door. Business operates usual retail hours 7 days per week. Function website with online store in place as well as Facebook page. Rent is $6,820 approx PCM. Call today and register your interest. Please contact Petros Margaritis on 0416 000 154.

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TAKE AWAY IN TORQUAY REF:B11766 Excellent for a couple looking for a sea change with an easy to run business with healthy income or savvy investors looking to expand their portfolio! Serving a menu of baked potatoes with a range of flavors and toppings this business has little competition and is easy to run! Seating

20 for lunch and dinner 6 days a week. Established and owned for 5 years this business currently turns over $8,000 per week. Rent of only $1876 PCM. Make an offer, all offers will be presented as vendor is keen to sell. Please call Chris Panagiotidis on 9566 7326.

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BURGER BAR IN RICHMOND REF:B11767 Located in the popular Swan Street of Melbourne’s Inner City Suburb of Richmond- this burger bar is in the heart of one Melbourne’s busiest spots to dine! Very well presented to stand out from the crowd and competition- this burger bar is ready for owner to move right in and run!

Currently taking $7,000 per week with an easy to learn menu! Rent for location at $4,500 per calendar month inc GST with new lease and 5x5 year options. With buger bars being ever so popular now is the time to take advantage. Please call Chris Panagiotidis on 9566 7326.

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BURGER TAKE AWAY

REF:B11768

Excellent location within Melbourneâ&#x20AC;&#x2122;s trendy inner city suburb of Hawthorn- this burger joint has the perfect look and menu to attract the crowd within the area! Very easy to run with an easy menu to learn and operate under management or actively work for a solid return.Currently

taking $7,000 per week with minimal fuss! Ideal for an enthusiastic first time buyer looking for a healthy investment or run under management. With burger bars being ever so popular now is the time to take advantage of this fantastic business. Contact Chris Panagiotidis on 9566 7326.

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FISH AND CHIPS REF:B11769 Neat and tidy fish and chips with large bays and seating inside and out. Excellent set up with equipment in good condition and clean presentation. Ideal for a first time business owner or experienced team to move in and run straight away! Currently making solid turnover each week with

room to grow! Excellent lease options of 5 with a further 5 years! This business will not last long, and is priced to sell! Donâ&#x20AC;&#x2122;t miss out speak to Chris and register your interest.

Please call Chris Panagiotidis on 9566 7326.

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FASHION BOUTIQUE SOUTH YARRA REF:B11786 This little gem of a retail fashion business commands a fantastic position on Toorak Road in South Yarra. Turning over an excellent $450,000 per annum with great net profits, this boutique fashion business has been operating for 24 years! Very reasonable rent

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$4445 pcm. Excellent database of 1700+ loyal customers. Reputation for quality clothing and the latest fashions. Excellent business for first time owner. Location Location Location! Call today and register your interest. Contact Damon Ambatzis on 0402 225 989

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WHOLESALE BEAUTY AND HAIR REF:B11785 This Business for sale specializes in selling to the Hair and Beauty Industry, it combines Wholesale and Retail from its factory in Braeside. This business is currently run by 1 full time owner and 3 full time staff members. Trading 5 days a week . 195m2 factory with a 130m2

showroom and offices upstairs. The business averages over $657,000 turnover per annum. Excellent $19,728 PA. Business has boundless potential and direction for growth - with the right owner the business can dominate in the market. Contact Ismar Muratovic on 0404 146 202.

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HAIR AND BEAUTY REF:B11783 Multi Level Hair And Beauty In Mount Eliza. Established for over two decades in prestigious coastal suburb of Mount Eliza. The business is clean, well presented and spacious! 9 stations, 3 basins, Nail bar, 2 treatment/wax rooms upstairs, Spray Tan room. Owner only works 2

days per week. new owner can continue short hours or choose to work Full Time. Trading 6 days. This business is ready for the next level. Owner ready to sell after operating for nearly 30 years! Well established business in an excellent area! Please call Chris Panagiotidis on 9566 7326.

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BRIGHTON HAIR STUDIO REF:B11782 Well presented and established hair salon for sale in one of Melbourneâ&#x20AC;&#x2122;s most exclusive bayside suburbs! Created and run by the owner who implemented over 3 decades of industry experience to create a popular establishment with a professional team of staff! Ideal for a hair stylist looking

for their first successful business- full support and training will be provided! Large open space able to maintain continuous growth and return! Only trading 5 days per week with turnover just under $240,000 per year! Ready for the next level with a new owner. Please call Chris Panagiotidis on 9566 7326.

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DAY SPA / BEAUTY SALON

REF:B11781

This gorgeous day spa holds a prime and prominent position with excellent business exposure in the quality suburb of Ivanhoe.With a relatively new, fashionable and attractive fit out, buyers will note that this business has plenty more to give to the person looking to grow this business

further still. Currently turning over $3,000 per week and growing Excellent $50,000 per annum rent in a large shop 3 x 3 x 3 lease. 5 private treatment rooms (plumbed) 1 private tanning room. Salon is adaptable to add more treatments. Call Damon Ambatzis - 0402 225 989 or Petros 0416 000 154.

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COIN LAUNDRY FOR SALE REF:B11779 This Laundromat trades 7 days a week from 6 am to Midnight with fully automated doors. Currently the Laundrette employs a couple of part time staff for 5 1/2 days per week to handle offsite services such as dry cleaning. Approximately $800 per week takings is for services with the laundry

making about 40% of this as profit. The Laundromat has 10 washing machines, 4 are front loaders, 6 are top loaders as well as 8 dryers and a soap dispenser. Rent $1,505 PCM. Easy to run these business donâ&#x20AC;&#x2122;t come up often and do not last long. Contact Phil Booysen on 0429 006 921

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PRIME CBD CAFE REF:B11777 This is a prime CBD opportunity to take over this little cafe in a prime location in the heart of Melbourneâ&#x20AC;&#x2122;s CBD & entertainment precinct.Right near Federation Square, Flinders St station & with the tram stopping outside your door, this business sees an enormous amount of foot traffic

VNM Business magazine

as well as vehicular traffic on a daily basis. Bright, modern layout and a beautiful view for the patrons, Serving 20-25kg of coffee per week. Taking $4,500 PW. Cafe is small and easy to operate. Location Location Location. Please contact Petros Margaritis on 0416 000 154.

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CONCRETE POLISHING BUSINESS REF:B11771 Established 5 years ago & a leader in its field, the business services some of Australiaâ&#x20AC;&#x2122;s largest retail organisations including Masters, Officeworks, Pet Stock, Farmers Direct, Dan Murphyâ&#x20AC;&#x2122;s, Bunnings, Repco & DFO. The vendor operates the business full time with the assistance of another full

timer & labour hire contractors as required. The business comes well equipped including a polishing machine exclusive to them, no other business has one in Australia. Business currently takes an average of $500k per annum. Please contact Petros Margaritis on 0416 000 154.

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MOWERS AND CHAINSAWS REF:B11775 Selling a large range of quality products, all backed by an excellent warranty and spare parts. This has been in business on the Mornington Peninsula for over 20 years! All servicing and repairs done in workshop with full training and support to new owner provided! The business turns

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Please call Chris Panagiotidis on 9566 7326.

WINE BAR AND BISTRO REF:B11774 Immaculate presentation and ambiance, this business is perfect to hold events, casual drinks or for fine dining experience to patrons. One of the most luxurious establishments in Woodend, the business seats 100 people inside and 30 in the courtyard. Trading 11am to 11pm 4 days per week and

over $535,000 per year. New lease with rent of $2400 pcm Trading only 6 days 8am-5pm. Servicing exclusive brands such as:-COX, MASPORT, SHINDAIWA, ROVERECHO. This business is ready to go to the next level.

generating $13,000 per week! Excellent lease in place with long further options to secure new owner! A team of 16 casual staff in place. Potential to run under management. Perfect for experienced buyers looking for a business with short trade and excellent return. Please call Chris Panagiotidis on 9566 7326.

VNM Business magazine

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HAIR AND BEAUTY SPA

REF:B11772

Located in one of Melbourneâ&#x20AC;&#x2122;s finest coastal locations- well known for luxurious homes and lifestyle! This business comprises of two levels - maximizing capacity and flexibility! Level 1 equipped with 3 hair styling stations, nail station and private wax/ beauty treatment

room. Level 2 houses 2 wash basins and 6 hair styling stations- ideal to hold private bridal or Spring Racing styling! Established for over 25 years the current owner has successfully operated for 16 years. Great business ready for the next owner to move forward. Contact Chris Panagiotidis today 9566 7326.

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TAKEAWAY BUSINESS REF:B11789 Excellent industrial takeaway business for sale in Thomastown.This busy little shop commands a prime location with plenty of parking and easy access for customers. Taking $4,500 per week Cheap $1,720 per month rent Strong 3 x 3 x 3 lease, 5 day business 6am - 3pm. Perfect family or partner-

ship business. This is a genuine great small business that can easily be grown by adding a greater variety of food. Great outdoor area which helps attract business. This business is ready for the next level with a new owner. Modern fitout well maintained. Contact Damon Ambatzis on 0402 225 989.

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PATCHWORK AND SEWING REF:B11790 Iconic boutique with a range of luxurious patchworks, yarns as well as haberdashery. A business established by mother and daughter partnership in 2010 and built on the love and passion of craft and sewing. A well known favorite amongst enthusiasts as well as dress makers and hob-

VNM Business magazine

byists alike for 4 years.Currently turning over above $400,000 per year! With online store and full website in place, possibilities and expansion are possible. This business is great for someone looking for a lifestyle business. Please call Chris Panagiotidis on 9566 7326.

VNM Business magazine

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DISCOUNT HOMEWARE SHOP REF:B11791 Discount giftware and homeware business for sale in Moonee Ponds on a high exposure strip! Very popular business, these businesses are very popular and do not last on the market for long! Taking over $6,500 per week and established for 15 years! No experience necessary - ideal

for first time business owners! New lease signed with 2x3 years options. Plenty of room to introduce different products and lines - the sky is the limit for new owner and expansion potential! Call and register your interest today. Please contact Chris Panagiotidis on 9566 7326.

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RETAIL AQUARIUM BUSINESS REF:B11797 Long established, this business has been operating over 20 years which is a testament to its service. Stock could be extended if you had other experience or interest you wanted to implement. Prime location in a shopping strip on a major road through the suburb with parking at

the door. Currently taking approx $3,000 per week. New lease to be provided for the new owner Rent of $2,267 per calendar month inclusive of GST. Call and register your interest today. Please call Petros Margaritis on 0416 000 154.

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MASSAGE SPA REF:B11798 A beautiful and tranquil environment situated on Bay Street in one of Melbourneâ&#x20AC;&#x2122;s most luxurious urban bayside suburbs. Open 7 days from 9am- 8pm the business has been turning over more then $150,000 per year. Excellent location and rent with plenty of further options.

8 massage beds in total split over two levels ensures large capacity for growth and future business developments in further treatments and beauty. Inspection is a must- business is well presented with excellent growth and development possibility. Please contact Chris Panagiotidis on 9566 7326.

VNM Business magazine

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RECYCLING/AUTOMOTIVE

REF:B11802

This automotive spare parts business for sale has been well established for 15 years, with 10 of those years being in it’s current location. Current turnover of $820,000 per annum and being run by 4 full time and 2 casual staff members, Trades from 8am to 5pm Monday to Friday and 8am to 2pm on

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Saturdays. A new lease is available.The business is very well equipped with 4 hoists used to fit engines and gearboxes. Business also recycles/smash up to 200 vehicles PCM! Call and register your interest in this business today. Please contact Chris Panagiotidis on 9566 7326.

RESTAURANT BUSINESS REF:B11803 Due to unforeseen partnership issues this fully licensed restaurant is now for sale at a BARGAIN price.It will go soon so call NOW to get more information. 17-20k PW takings and growing. Ample of foot traffic. Brand new setup of well over the asking price. Ample seating inside and out. Liquor

Licensed. Long Lease in Place. Prime location. This busy Restaurant Business for Sale is located in one of Melbourne’s busiest shopping strips with massive amount of foot traffic and exposure. Call and register your interest in this business today before you miss out. CALL Phil Booysen now on 0429 006 921

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BEAUTY SALON REF:B11787 This well established beauty salon has been owned and operated by it’s current owner for 12 years, with 2.5 years being in it’s current location. Offering a range of services including, body treatments, facials, hair removal and manicures & pedicures, the business is well equipped with

VNM Business magazine

4 rooms to cater for all of the services it offers.Currently trading short hours over 5 days per week with very good takings and a long lease with options of 3x3x3 years. Call and register your interest in this business today before you miss out. Please contact Chris Panagiotidis on 9566 7326.

VNM Business magazine

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SECURITY AND HOME LIFESTYLE

REF:B11810

This business operates with 15 full time experienced staff & 1 casual which means it could be run totally under management, currently vendors basically oversee operations but donâ&#x20AC;&#x2122;t do the installations. The business currently has a substantial amount of commercial & residential clients, are market

leaders in low voltage cabled products & has a tailor made highly functional business operating system. This business & its partner locksmith business turnover a total of $3.25M per annum. Factory has long lease of 5x5x5 with rent of $62k per annum. Call Petros Margaritis on 0416 000 154.

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MANAGED LOCK AND SECURITY REF:B11811 This business currently supplies & installs a range of products as well as offer general locksmith services. Their customers range from residential to commercial & the business is operated under management with 5 full time staff members. Established 24 years, the shop is located in a high

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Call Petros Margaritis on 0416 000 154.

CAFE BUSINESS FOR SALE REF:B11805 The success of the business is clear - the business is taking $11,500 per week and selling 24 kilos of coffee per week! The business is very easy to run. There is no cooking involved, with the business selling pastry, cakes, sandwiches and coffee. The owner has recently completed

profile position on a major road through the eastern suburbs. This business along with its partner business turnover a total of $3.25M per annum.take over & profit from as of day one. Rent of $534 per week,Lease 5x5. Call today and register your interest.

$30,000 worth of renovations to the shop, giving it impeccable presentation. Easy transition for new owner as staff are well trained. This high trafffic location is not to be missed, call today and register your interest before you miss out. Call Chris Panagiotidis on 9566 7326.

VNM Business magazine

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BOXING FITNESS GYM

REF:B11812

Established 2 years ago by the vendor, this business focuses on boxing & kickboxing offering fitness training using the skills from these sports. The business has 7 casual staff who are all qualified personal trainers & offers a range of boxing & kickboxing classes as well as one

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on one training & female only classes. Currently taking approx $3,000 - $4,000 per week with the premises open for classes. Cheap rent of $277 per week & lease of 2x2.

Call Petros Margaritis on 0416 000 154.

FULLY LICENSED THAI RESTAURANT REF:B11813 Located in Cairnlea Town Centre this bright and well presented Thai restaurant has, in its 3 years grown into a successful small business- ideal for a single owner. The presentation of this bright open plan business is modern and clean with seating of 30 inside and 20 outside. Full commercial Kitchen

and decor ensures business can run as is or be converted to new owners menu choice! Business is fully licensed and BYO wine until 10:30pm. Rent of $4,431 pcm INCLUSIVE outgoings and GST. Call today and register your interest before you miss out. Call Chris Panagiotidis on 9566 7326.

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MILK BAR REF:B11814 This fantastic business has a large and spacious 3 bedroom house attached to the shop making this a perfect family business. With current takings of $8,000 per week and rent of around $38,000 per annum, this milk bar has been servicing the local community for over 20 years.

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Current vendor has been operating the business for 15 years and is now looking for a lifestyle change giving buyers an opportunity to snatch a fantastic business with a beautiful home. Contact Damon Ambatzis on 0402 225 989

VNM Business magazine

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BIN HIRE BUSINESS

REF:B11815

Included in the sale is 90 bins, 5 trucks, 1 bobcat and excavator as well as nearly a decade of reputation and solid return. Business offers bin hire as well as excavator and bobcat hire- limitless to the growth in services for new owners! New lease with yard of 2,650 with rent of $3300 pcm.

Currently run by single owner as subcontractors to assist with driving and yard hands. Ideal for partnership and could be run under management. Call today and register your interest before you miss out. Businesses like this are sought after. Contact Chris Panagiotidis on 9566 7326.

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JUMPING CASTLE BUSINESS

REF:B11817

Excellent business for sale for those looking to expand their current business in the party or hire industry or for those looking for a great side income! Work your own hours and be your own boss with this easy to run business with flexible hours- perfect for those with young families!

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Contact Chris Panagiotidis today on 9566 7326

GNC LIVEWELL FRANCHISE

REF:B11818

GNC LiveWell is the world’s largest retailer specializing in vitamins, herbs, weight management and sports nutrition. In Australia, GNC opened its first store in 2000 and now have 30 stores respectively around Australia. This particular store is Australia’s longest standing operation. The business continually produces sound profits with a loyal customer base spanning

Included are 30 castles all of various sizes and themes perfect for all occasions- backyard birthdays to large fetes! Van and 2 trailers included to ensure new owners have everything they need to start right away!

over the last 12 years with ongoing growth. It is Australia’s flagship Store and boasts the groups most expensive and prestigious shop fit-out. The business is fully run under management. The major advantages of this store are: Run under full experienced management , Turnover $1,400,000 per annum. Longest Standing Store in Australia (12 years). Great Franchise backup and training Contact Ismar Muratovic on 0404 146 202

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CUSTOM WINDOW DOOR FRAMES

REF:B11822

Specializing in custom frames and frameless windows and doors for residential and commercial as well as providing and installing automated sliding and swing doors. Based in South East Melbourne the business is ideally situated in a growing area of Melbourneâ&#x20AC;&#x2122;s real

estate and commercial growth sector! With major shopping centre works only kilometres away as well as luxurious bespoke homes in surrounds- this business has years of new clientele and business to come! The business currently turns over $3 million per annum. Contact Chris Panagiotidis on 9566 7326.

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PACKAGING SUPPLY AND SYSTEMS REF:B11823 Established for close to a decade the business for sale supplies a full range of Steel Strapping, Plastic Strapping and Stretch Wrap Films to suit all types of industries and all types of applications. As well as supplying all types of packaging consumables, a full range of tools and associated

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equipment is also available.Large premises based in Tullamarine - ideally located close to target customer base and couriers. An easy to learn and operate business that currently turns over $3 million per year. New lease ensures owner can secure their options! For further information please contact Chris Panagiotidis on 9566 7326.

BOUTIQUE CEREMONY & RECEPTION REF:B11824 Situated in the heart of the Yarra Valley on the banks of the Yarra River at Coldstream, The RiverStone Estate is a boutique wedding & event venue offering individual style and backdrops for all occasions.The breathtaking balcony perched high on the hill, The bluestone cellar door or the magnificent lawn areas suitable for marquees up to 130 guests,

VNM Business magazine

all are perfect examples of the many backdrops available for all inspired occasions. Bookings secured for 2015 with deposits held- ensuring new owner has secured work ahead!A supportive team of staff on board as well as support and training provided to ensure new owner transitions smoothly into the role. Call today and register your interest with the agent and dont miss out. Please contact Chris Panagiotidis on 9566 7326.

VNM Business magazine

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AIRPORT SHUTTLE BUS

REF:B11825

A rare and golden opportunity to own one of the most sought after businesses in the bus industry for sale! This business for sale includes all buses and trailers with 2 year advertising contract for promotional decals on trailers. A very easy and straight forward business to run and

manage- ideal for those in the industry looking to expand their scope of services or for those looking to enter the industry for the first time. All buses are automatic and diesel run with 14 seat capacity. The business has relations with major travel agencies, airlines and tours with over 18 years experience and credibility. Contact Chris Panagiotidis today on 9566 7326.

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MANAGED ADULT BAR ENTERTAINMENT REF:B11828 This is an ideal investment opportunity for those looking for a business for sale that operates on its own & offers profitability! Established approximately 10 years, this thriving adult bar entertainment venue business for sale is run under full management & only operates Thursday to

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HARDWARE FRANCHISE

REF:B11831

This well established hardware franchise business for sale has been established for an impressive 35 years in Dandenong. Operated by itâ&#x20AC;&#x2122;s current owner for 12 years, it is now ready for a fresh set of hands to take over.This prominent hardware franchise boasts 360 stores across

Saturday opening 7pm & closing 3am on Thursday & 5am Friday & Saturday. Fully staffed & with great management in place, this business runs seamlessly with little input from the owners. Attracting over $1.2M turnover per annum with only 3 nights of operation & excellent profits. Lease of 5x5x5 means security on your investment Contact Senior Business Broker Petros Margaritis on 0416 000 154.

Australia and provides excellent support to its franchisees. Included in the franchising fees is all marketing materials and catalogues. The premises itself is large, being approximately 3,900m2 and has rent of just $2,030 pcm. The new owner will have the opportunity to sign a new lease agreement.Trading 5 days per week. Call Chris Panagiotidis on 9566 7326.

VNM Business magazine

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RETAIL TYRE BUSINESS

REF:B11832

Having been established by itâ&#x20AC;&#x2122;s current owner for 7 years, this business offers an excellent location on a busy northern road, just off the Hume Highway. Offering a large range of tyres and wheels, the business has a very impressive turnover of $1.4 million per annum and trades Monday to Saturday.The business boasts equipment such as 4 hoists and a very

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well set out website showing the variety of products it has to offer. A new lease is available to the new owner, so you can negotiate your own term and options, at a rental of $5,500 per calendar month. Further information about this business for sale can be obtained by calling Chris Panagiotidis on 9566 7326.

NAIL AND BEAUTY SALON REF:B11833 Located on one of Melbourneâ&#x20AC;&#x2122;s busiest streets in south east.The business enjoys plenty of foot traffic and exposure throughout the day and night! Open 7 days, 9:30am - 7pm weekdays and shorter hours on weekends. The business includes 6 auto spa chairs, 4 nail stations and 3 beauty

rooms. Currently taking over $400,000 per annum and established for over a decade, the business is solid opportunity with good return. Call today to register your interest. Please contact Chris Panagiotidis on 9566 7326 to obtain further information about this business for sale.

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LOGISTICS AND TRANSPORT REF:B11834 Offering a range of services including warehouse storage, freight cartage, pick & pack, deliveries & re-works out of the enormous premises in the western suburbs, the business has full time staff to manage the warehouse as well as an array of subcontractors who perform the

VNM Business magazine

deliveries with their own vehicles .Established 2 years ago, this business has shown consistent growth to become a well known service provider in the industry with further growth imminent. Taking $1.4M per annum, the warehouse operates Monday to Friday 6am to 5pm. Rent of $14,500 with solid lease for security Contact Senior Business Broker Petros Margaritis on 0416 000 154

VNM Business magazine RESTAURANT BUSINESS REF:B11796

$79,000

This restaurant currently operates as a Japanese restaurant, however it can easily be turned into a cafe or restaurant for any cuisine. Currently turning $7,000 per week. Fully Licensed until 11pm for 85 patrons. Excellent 3 x 3 x 3 lease. Rent around $6,000 per month for two level premises. Excellent commercial kitchen with cool-room. Private parking in back for some staff. High pedestrian traffic and excellent roadside exposure. Call today and register your interest before you miss out. Call Damon Ambatzis on 0402 225 989

MANAGED HAIR SALON REF:B11799

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Serving the locals for over 30 years. Located in a busy shopping precinct in the eastern suburbs with plenty of parking & public transport at the door The bright salon is currently set up with 8 stations & 2 basins however there is room for more! Long-standing client base provided with database The salon currently operates from Tuesday to Saturday, with late night Thursday. Long lease of 2x3x3 with cheap rent of $485 approx per week. Currently staffed with 1 full timer & 3 part timers & taking approx $6,000 PW. Register your interest today. Contact Petros Margaritis on 0416 000 154.

TAKEAWAY/COFFEE SHOP

$120,000

REF: B11808

This industrial cafe & takeaway business for sale in the western suburbs opens at 6am & closes 2.30pm Monday to Friday, A bright, modern cafe with plenty of parking onsite established 5 years. Spacious premises, well equipped with everything you need & in pristine condition! Full POS system linked to the comprehensive website that allows online ordering & holds a database to which vendors do regular mailouts Currently taking approx $5,000 per week selling approx 6-7kgs of coffee. Rent of $3,767.57 pcm. Call today and register your interest before you miss out. Contact Petros Margaritis on 0416 000 154.

MANCHESTER AND HOMEWARES

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REF:B11826

Located on Carlisle St this prominent Manchester store is amongst tram stops, walking distance to train stations and in the heart of the hustle and bustle of Balaclava.A very easy and low maintenance business to run - ideal for those with little or no experience who would like to be their own boss and own their own business!Currently turning over $5,500 per week- with flexibility to introduce various homewares and branch out into more product lines too. Reasonable rent for the location of $2,563 pcm inclusive of GST and outgoings! An ideal small business for a single owner or something that can be converted to run under management. Contacting Chris Panagiotidis on 9566 7326.

VNM Business magazine

VNM Business magazine HAIR SALON/BARBER REF:B11770

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Excellent hair salon/barber shop for sale in Ringwood East. Perfect opportunity for a hair stylist to take over a long established business in a fantastic location. Established 31 years by the owner, Cheap $1,125 per month rent. $1,500 turnover with only the owner working. Operating just 5 days 3 x 3 lease in place. Prime location in a busy strip. This business is ideal for an owner operator looking to run their own business and make a good living. Offering both male and female services makes this business unique. Call today and register your interest before you miss out. Call Damon Ambatzis on 0402 225 989

CAFÉ FOR SALE IN ROSEBUD WEST REF:B11784

P.O . A .

Rosebud is an immensely popular tourist destination in the summer months. A development of 28 trendy apartments which are opposite the café has also just in recent weeks been finalized with families already starting to move in. Seating 27-32 inside and 16 outside. 10kgs coffee p/w in winter and 20kgs p/w in summer. Last financial years taking was $258,000 and has been improving every year. 6 Apartments above Café and 2 car remote access car parks. New 3x3 Commercial Lease. Rent $2251.77 p.c.m. Call today and register your interest with the agent before you miss out! Contact Ismar Muratovic on 0404 146 202.

TAKEAWAY/COFFEE SHOP

P.O . A .

REF: B11773

This very neat and tidy Takeaway/Coffee Shop has been trading at the same location for close to 20 years. The shop is a little gem. Great Burgundy street location, next to offices and retail stores and down the road from the hospital. Commercial Kitchen, Trading 5 1/2 days closed Sundays. Weekly takings averaging $6,000 p/w. Rent of $545 p/w including G.S.T. Commercial Lease 3x3x3. Seating Capacity 30 which includes outside. Easy to cook menu serving Focaccias, Pasta, Sandwiches and Breakfast.Call today and register your interest before you miss out. Contact Ismar Muratovic on 0404 146 202.

HAIR SALON

$ 3 8 ,0 0 0

REF:B11792

Situated on Bay Street in Port Melbourne, this salon is perfectly located in one of Melbourne’s trendiest urban areas. Very well presented, new owner will not need to make any improvements to decor! 4 basins and 2 wash basins makes this business ideal for a single owner or a run under management model! Currently trading only 5 days per week with short hours, this business is ideal for an owner looking for a good return on part time hours! Rent of just $2433 pcm with 1 bedroom apartment upstairs and courtyard! Contact Chris Panagiotidis on 9566 7326.

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INDUSTRIAL TAKE AWAY REF:B11762

GIFT AND COLLECTABLES REF:B11778

$5,000 taking per week. $500 rent per week with excellent lease.6 private parking bays for customers with truck and semi-trailer parking in front. Call Damon Ambatzis on 0402 225 989 or Ismar Muratovic on 0404 146 202.

An innovative wholesaler of quality products to over 1000 stores across Australia. Turning over $300,000. No experience necessary- full support/training provided. Call today! Contact Chris Panagiotidis on 03 9566 7326

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NANDOS REF:B11776

HAIR SALON MORNINGTON REF:B11788

Franchise with a great reputation. Rent of $107,000 per year with all outgoings included as well as a long lease with options! South East Melbourne. Contact Chris Panagiotidis on 9566 7326

Taking $1,600 per week. Rent $585 per week. Lease terms 3x3x3 years.10 Workstations, 2 Wash Basins 2 Beauty Rooms. Contact Ismar Muratovic on 0404 146 202.

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ORGANIC FRUIT AND VEG REF:B11794

HAIRDRESSER BUSINESS REF:B11795

Taking $5,000+per week. Rent $ 2,900 + GST. New Lease terms. Established many years. Lots of foot traffic. Easy to Run. Ample growth potential, Health food and other organic alternative. CALL Phil Booysen: 0429 006 921

6 Stations & 3 basins with top quality fittings & furniture. Rent $440 per week. New Lease Established 3 years. High profile location on a major road. Call today and register your interest. Contact Petros Margaritis on 0416 000 154.

VNM Business magazine

VNM Business magazine GELATI ICE CREAM MANUFACTURER REF:B11827

P.O . A .

This fantastic business for sale is a premium gelato manufacturer established in Australia nearly 10 years ago. Providing a multi award winning gelato all over Australia, there is still a lot of scope to establish larger distribution to Adelaide & Sydney from which you will profit! Currently operating out of a factory in the inner northern suburbs, the vendor has established a prime product from years of experience that stands out against the competition. Taking $700,000 approx per annum with the factory operating Monday to Friday 8am to 4pm. Business comes well equipped with everything you need to continue the businessâ&#x20AC;&#x2122; success. Rent of approx $680 per week . Contact Senior Business Broker Petros Margaritis on 0416 000 154.

BAKERY CAFE BUSINESS REF:B11829

P.O . A .

Amazing bakery cafe business for sale right in the heart of Ashburton! Excellent $12,000 per week turnover, 5 x 5 lease with over 9 years remaining, $7,700 rent per month including GST and outgoings. Seating for 12 inside and 4 outside, 10-12 kg coffee per week. Fully equipped bakers kitchen, operating 6 days per week selling cakes, sweets, pastries, pies and more. Owned 7 years and established over 50, vendor selling to move into a new industry. Ideal business for family or partnership. This is an excellent opportunity for someone looking to get into a well established and profitable bakery cafe in a very affluent location. Make an enquiry now by calling Damon Ambatzis on 0402 225 989

PIZZA BUSINESS

P.O . A .

REF: B11830

Small takeaway pizza business for sale in a prominent Hawthorn East location.This shop is ideal for an owner operator capable of growing the business.With very reasonable $4,500 weekly turnover, this business can definitely perform better under a new owner with the enthusiasm to push the business harder. Excellent rent of $2,300 per month includes 2 large rooms above the business which can be used either as living or storage space. Current vendor operates nights only from 5pm till late 6 days per week (closed Tuesdays). There is solid potential for buyers thinking about opening during lunch hours as there is a high level of pedestrian traffic. Contact Damon Ambatzis on 0402 225 989

CAFE BUSINESS FOR SALE

P. O . A .

REF:B11835

Centrally located in one of Melbourneâ&#x20AC;&#x2122;s highly populated areas, this cafe business for sale is being offered. The business has been set up with brand new equipment only 6 months ago and is going from strength to strength. The owners have established a very simple operation mainly focusing on sandwiches, coffee and cakes. Minimal cooking required. Excellent Frankston CBD location. Taking on average $3,500 p.w Rent $2,000 p.c.m Great 5x5x5 Commercial Lease. 6 kg Coffe p.w. 2 person operation ONLY 5 DAYS P.W OPERATINGIf you are looking for a lifestyle business with weekends off this is the one for you. Please call Senior Business Broker Ismar Muratovic on 0404 146 202

VNM Business magazine

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TWO DOLLAR SHOP REF:B11800

HOMEWARE AND GIFT REF:B11801

Takings of $8,000 per week and trading 7 days with no late night trading. Enjoys a high volume of regular passing traffic. Established for 2.5 years. Call today and register your interest. Contact Chris Panagiotidis on 03 9566 7326

Trading 7 days per week with no late nights. Coles & Aldi busy shopping centre. The business enjoys reasonable rent & lease options of 7 years. This business is a bargain. Contact Chris Panagiotidis on 9566 7326.

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PIZZA AND PASTA REF:B11809

ESSENTIAL BEAUTY FRANCHISE REF:B11578

Cheap Rent only $364 p/w inc. G.S.T. Weekly average takings $5,500, average large pizza is $16. Plenty of parking in front of the shop. Call today and register your interest, priced to sell. Contact Ismar Muratovic on 0404 146 202.

5 Treatment Rooms, 1 Spray room, Fully equipped with latest equipment. Averaging $6,000 p/w turnover. Great location and Franchise. Call today and register your interest in this franchise. Contact Ismar Muratovic on 0404 146 202.

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ESSENTIAL BEAUTY FRANCHISE REF:B11793

BEAUTY SALON REF:B11820

5 Treatment Rooms, 1 Spray room, Fully equipped with latest equipment, Averaging $2,000 p/w turnover. This franchise has a great reputation. Call today and register your interest. Contact Ismar Muratovic on 0404 146 202.

The salon has ample room for capacity to expand treatments and services! 3 large treatments rooms luxuriously presented. Large majestic court yard- ideal for cafe/ retreat spa future services. Nail Station Contact Chris Panagiotidis for all enquiries on 9566 7326.

VNM Business magazine

VNM Business magazine CAFE BUSINESS FOR SALE REF:B11879

$70,000

In a prime location on a major road through this south eastern suburb, surrounded by shopping & dining sits this bright cafe business for sale. Established 2 years, this cafe offers a high exposure location with a large amount of foot & vehicular traffic as well as public transport to the door. The train station is also a short walk down the road. Sizeable premises with seating for 30 inside & 6 outside, the business serves a simple range of coffee & meals from a full commercial kitchen. Currently operating with only the 2 vendors. Taking $2,800 per week currently.Long lease of 5×5 with rent of $4,037 per calendar month means security Contact Senior Business Broker Petros Margaritis on 0416 000 154.

INDIAN RESTAURANT FUNCTION CENTRE REF:B11871

$250,000

Within a bustling shopping area in the western suburbs right near a major intersection sits this delightful Indian restaurant business for sale with fantastic premises & enormous potential! Established only 4 months ago this business has developed a loyal customer base that keeps coming back for more & has so much more potential for growth! Fantastic premises offers seating for a total of 200 people, the business offers a separate function room & full commercial kitchen with newly fitted equipment including a cool room & freezer room. Liquor licence until 11pm. Long lease of 2x3x3x5 means security. Currently taking $4,500 per week Contact Senior Business Broker Petros Margaritis on 0416 000 154.

HAIR SALON

P.O . A .

REF: B11874

A very well presented hair salon located on busy Sydney Road in Melbourne’s urban suburb of Brunswick. Spacious layout with 5 stations, 2 basins and private staff kitchenette- the establishment is equipped for capacity to further grow! Trading very short hours only 5 days per week- the business is ideal for an owner looking for few hours to run. Trading an average of $4,500 per week and established for nearly a decade! Very reasonable rent of $1780 pcm Inc GST with long lease and options in place! Inspection will not disappoint! Contact Chris Panagiotidis on 9566 7326 to gain further information on this business for sale.

INDO CHINESE RESTAURANT

$ 3 2 0 ,0 0 0

REF:B11872

This Indian restaurant business for sale is located in a busy area in the western suburbs surrounded by shops & industrial businesses. Large premises with plenty of parking onsite, the business offers authentic Indian & Indo Chinese cuisine. Established only 2 years ago the business has shown steady growth & has a developed a loyal customer base. Spacious premises in a very busy location that seats approx 100 people & offers a full commercial kitchen. Liquor licence until 11pm. Currently taking $8,000 per week with good net profit. Long lease of 3×5 means security. Rent of $3,767 per calendar month for large premises Contact Senior Business Broker Petros Margaritis on 0416 000 154

VNM Business magazine