For Sale $328,000
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 $328,000

Business Details

Restaurant - Conference - Function - North West

\nRestaurant - Conference - Function - North West - Agent SBX Code Number: T2622j

Restaurant also serving as a conference and function centre aimed at the corporate market with very high sales and profit. Large commercial kitchen. Two conference rooms and a large outside area suitable for a variety of functions. Caters for breakfast, lunch and dinner for hotel guests. - 80 seats outside - 270 seats inside.

Potential
This is a very regular business with consistent sales figure for the last 8 years which can be verified.

Features
Captive market with hotel guests. Rare opportunity to purchase three businesses in one. Very well established. No competition.

Premises
Very large premises of approx. 600 sq. mts. including outside verandah with retractable awnings.

Location
Situated in huge office park under large hotel with almost 200 rooms.

Trading Hours
7 days - 6.30 a.m. - 10 p.m.

Lease
New lease available

Employees
Manager + staff

Comments
This business is running under total management and it has been for many years. This is a great opportunity to purchase a large multi facet business in an exclusive area with no competition.

Figures
Weekly Sales $35000
Rent (ex GST) $3000
Wages $13500
Profit $3000

Agent SBX Code Number: T2622j - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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Enquire

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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