For Sale $789,000
SBX Business Brokers

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

Food/Hospitality for sale

QLD

For Sale $789,000

Business Details

Freehold - Hotel - Investment - Queensland Central Coast

\nFreehold - Hotel - Investment - Queensland Central Coast - Agent SBX Code Number: TQR1077

Freehold country hotel with 12 room accommodation. - Under leasehold. - Serving a lunch and dinner menu. - 4 poker machines (vendor is licensee) - A very welcoming hotel with single public bar and lounge dining area that flows through to a large covered and concreted outdoor entertainment area out the back. - Recent maintenance done. - Nett return 10.85%

Potential
Could take advantage of mining influx and put more accommodation on the vacant land. Could improve land facilities for more campers/ travellers.

Features
Well established. Cash flow positive. Great returns. Excellent sound investment. Very reasonable price. No competition. Established long term lessee in place.

Premises
Older style single storey timber building in good condition with a classic red awning at front on 3.5 acres.

Location
Small country town approx. 1 km. off main highway in central coast of Queensland.

Trading Hours
(Lessee operating 7 days)

Lease
4 x 5 year options from 2006. - C.P.I. yearly increases - Rent review each 5 years next being 2016 - Lessee pays insurance, rates and all outgoings.

Employees
Lessee is husband and wife team.

Comments
New nickel and jade mine to be opened approx. 25 kms away. - Town has primary school, general store, post office, ambulance with helipad. -Bank guarantee matched to C.P.I. - Next C.P.I. review is 2016. - Plans drawn for approx. 6 more motel rooms - Only long drive stop for truckies. .

Figures
Weekly Sales $0
Rent (ex GST) $1655
Wages $0
Profit $0

Agent SBX Code Number: TQR1077 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Selling Price: $789000
  • Trading Hours: (Lessee operating 7 days)
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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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