For Sale $2,000,000
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 $2,000,000

Business Details

Hotel - Freehold - Accommodation - North West N.S.W.

\nHotel - Freehold - Accommodation - North West N.S.W. - Agent SBX Code Number: CB1115

Top quality freehold hotel, enjoying an unopposed position, with reverse cycle air conditioning, glycol system and 3 bars with a total of 12 taps. - A function room with a 200 seat capacity has its own bar, with the very popular restaurant/bistro seating 90. - The commercial kitchen is up to date, and has a pizza oven. - The drive-in bottleshop enjoys huge demand and is separately staffed. -A high demand exists for the accommodation, which consists of 23 rooms over two storeys. - These have shared facilities, with a guest lounge and kitchenette located on the first floor. -A separate room contains the 5 pokies, and an ATM is available. - A games room has 2 pool tables and the jukebox. - The kitchen is sublet on a rolling 3 month agreement.

Potential
Reintroduce TAB and Keno. - Complete website. - Kids play area. - Complete beer garden shelter.

Features
Dominant position - Great reputation - High margins - Good dining options.

Premises
Magnificent 3 storey Federation styled premises in excellent condition and a total area of 1800 sq. mts.

Location
Central position in thriving rural town which is the hub of Australian cotton production.

Trading Hours
7 days - Mon. - Wed. - 5.00 a.m. - 12.00 p.m. - Thurs. - Sat. - 5.00 a.m. - 2.00 a m. - Sun. - 10.00 a.m. - 10.00 p.m.

Lease
Freehold.

Employees
1 owner + 1 fulltimer + 6 casuals.

Comments
Brand new CCTV system installed with remote access available. - Pool tables and jukebox remain property of supplier. Miscell. - 1 - Cleaning and bar charges - Miscell. 2 - Freight and cartage.- - Bottleshop upgrade involves supplier agreement to be maintained. - Leasehold is available for $575,000 - see CB1165 with new 5 + 5 + 5 year lease. - Accommodation currently subject to insurance claim.

Figures
Weekly Sales $48500
Rent (ex GST) $0
Wages $2200
Profit $14690

Agent SBX Code Number: CB1115 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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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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