Retail business for sale in Hobart
- Hobart TAS 7000
- $300,000 (GST na)
Hobart Business Opportunity Investor Only
Hobart Business Opportunity under The Business Innovation and Investment (Provisional) Visa Subclass 188
An opportunity for an astute Silent Investor has only just become available under The Business Innovation and Investment (Provisional) Visa Subclass 188. A suitable applicant can apply after a 2 year period for a Business Innovation & Investment (Permanent) Visa Subclass 888. Tasmania has the most convenient pathway based on its location for an investor to gain Permanent Residency and depending on the individual’s application can lead to Australian Citizenship in under four years.
The business is a new and innovative retailer of domestic kitchen renovations in the city of Hobart, Tasmania. The owner is a multi-award winning kitchen designer who has renovated over 1500 kitchens and bathrooms over the past 30 years in Melbourne. He and his two business partners established a highly successful, well know kitchen brand in Melbourne and it’s with this background and experience that he and his wife have recently relocated permanently to Hobart.
An idea retail site has been leased in the city on a 5 x 5 x 5 year term and a total refurbishment of the building has begun, along with the kitchen displays that are required for the showroom. This renovation work will progress over the next 6 weeks with a scheduled opening date of the 14th of December 2018.
A complete business plan has been fully documented and is available for a Qualified Silent Investor to study along with their advisors after a Non Disclosure Agreement has been signed and a refundable $5,000 deposit has been paid. It should be stated that the margins are considered to be far more attractive in the kitchen renovation business than in other sectors of the building industry.
The offer that the company would make can apply to the following types of investor.
• Business Innovation Stream
• Investor Stream
• Entrepreneur Stream
It is strongly suggested that any applicant visit the following web site: www.migration.tas.gov.au/business_migrants/subclass_188_-_business_innovation_and_investor_program to fully understand the process.
The company is seeking a Silent Investor with $300K and is prepared to give a Entrepreneur Stream is the path to take for your client with a minimum of $200K and with at least a 30% equity in the business.
percent equity in the business. The funds would be required for the duration of the 4 year period as the business migration investor transitions from the Provisional Subclass 188 Visa, to the Permanent Subclass 888 Visa.
An expected return on investment would be in the order of 12 percent per annum over the 4 year period.
After the business migrant has gained their Permanent Residency which is expected to take between 3 - 4 years, the company would buy back the 30% percent equity at the original sale price of $300K. The projected return to the migration investor over the 4 year period would be in the vicinity of $150K on the $300K.
While the investor is not required to be active in the business, there would be complete transparency for the investor and their advisors on a quarterly basis. Every assistance would be given if required for the investor to settle into a suitable home in the Hobart region and to enjoy what is rapidly being recognized as one of the most desirable cities in Australia.
To progress further and to complete your due diligence in a timely manner please email or you can call me directly at any time on +61 418 356 256. We can then arrange a skype call or a personal visit to Hobart to investigate the opportunity first hand. The attached photos are of some of my recent renovations completed in Melbourne.
Contact the Marketing Agent
For an apointment
The Owner of the business provides all information concerning this passive investment. Opportunity and all investors should carry out their own due diligence with an Immigration Agent or Lawyer.
0418 356 256
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|Last updated||6 Feb 2018|