For Sale $1,490,000
SBX Business Brokers

View phone number

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

Food/Hospitality for sale

NSW

For Sale $1,490,000

Business Details

Freehold - Under Management - South West N.S.W.

\n Freehold - Under Management - South West N.S.W. - Agent SBX Code Number: CB1065

Freehold hotel under management with a total of 5 bars, equipped with glycol system, serving an extensive range of beers. - Included is 9 EGMs (poker machines) and a great TAB coverage. - A motel with 13 rooms is attached to the premises providing comfortable and affordable single, double and family accommodation. - Managers residential accommodation is met with a 3 br. residence. - Popular restaurant opens daily, and is in demand for functions. - 120 seats - Excellent provision for outside preferences with 3 beer gardens.

Potential
Introduce website - Advertise through university connections - Large block invites further development -New trotting track being constructed nearby with multiple weekly fixtures planned - Large residential development in close proximity.

Features
Great location - Hotel returns are complimented by motel trading.

Premises
Imposing structure situated on a large block housing motel and hotel businesses .

Location
Situated in major regional City close to university and near industrial and residential area.

Trading Hours
7 days as required

Lease
Freehold

Employees
1 Manager + casuals as required

Comments
Miscell.1 - Management expenses - Miscell.2 - Freight - Currently operated on a loose management agreement with owner - Figures are estimated with exception of nett profit which is amount paid to owner.

Figures
Weekly Sales $28000
Rent (ex GST) $0
Wages $4500
Profit $2500

Agent SBX Code Number: CB1065 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $12500
  • Business Selling Price: $1490000
  • Trading Hours: 7 days as required
 1 of 1 photos 

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

Enquire about this business:

I would like to:

Tools