For Sale $165,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $165,000

Business Details

Hotel - Leasehold - North West N.S.W.

\nHotel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1237

Hotel leasehold with renovated single bar, glycol system and four taps. - The bar has reverse cycle air conditioning, an open fireplace and has an area set aside for pool table, jukebox and TAB when operating . - Bottle sales are from fridge display behind bar and coolroom. - A small lounge with TV is utilised as a kids room and adjoins the dining room, which has an open fireplace, and is popular for the occasional meals and functions. - Accommodation comprises 8 upstairs letting rooms recently renovated, with separate facilities. - A guest TV lounge is available, and separate guest cooking facilities are provided near kitchen. - 100 seats outside - 36 seats inside.

Potential
Upgrade till system. - Install shelter blinds on rear verandah. - Increase availability of meals (huge demand for home made pizzas)- Upgrade kitchen.

Features
Very loyal community support. - Unopposed position. - Well maintained. -Strong sponsorship record.

Premises
Attractive 2 storey double brick premises with verandah, covered beer garden and large yard containing 3 bay workshop and storage shed with a total area of 8000 sq. mts.

Location
Central position in small village in very strong rural area with good access to larger towns.

Trading Hours
7 days. - 12.00 a.m. - 12.00 p.m.

Lease
New lease available - 10 + 5 years. -C.P.I. increases - 3 month bond.

Employees
2 owners. + 3 casuals.

Comments
Misc 1 - Freight and cartage. - Ice storage equipment, pool table and jukebox remain property of supplier. -Laundry is done on site, with HWS supplied by solar power. - Managers quarters are 1 bedroom. - DA approved for 10 caravan sites.- Hotel maintains a supply of basic food items for sale. - Thursday night is pizza night when 100 plus are made and refrigerated. - Equipped with alarm system. - A covered verandah at rear leads to the extensive lawn area which is used for large community functions. - A portable coolroom is available for off site functions and hire.

Figures
Weekly Sales $12800
Rent (ex GST) $1200
Wages $1100
Profit $4640

Agent SBX Code Number: CB1237 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $3160
  • Business Selling Price: $165000
  • Trading Hours: 7 days. - 12.00 a.m. - 12.00 p.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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