Food/Hospitality for sale
Function Centre - Motel - Restaurant - Freehold - Newcastle Area
\nFunction Centre - Motel - Restaurant - Freehold - Newcastle Area - Agent SBX Code Number: F3035
Freehold country style resort comprising of 8 luxury fully self contained cabins. - Full restaurant and lounge bar facilities with modern Australian cuisine together with a magnificent five bedroom owner / managers home. - 100 seats - Licenced - Conference facilities are also available and the resort is smoke free. - The restaurant caters for breakfast lunch and dinner for both in house customers and to the public. - Also a highly successful wedding venue with an average of thirty per year. - Giant waterfall with stage for live performances.
There is a possibility for two more cabins to be built on the property. - Huge potential to further market the business for small weddings up to 100 people with the added bonus they can book a full package including accommodation , ceremonies and reception
Great location. - Brilliant overall presentation with relaxing and peaceful atmosphere. - Primary on licence.
One hectare of prime land with 8 cabins plus 5 bedroom home / managers residence on separate strata title.
Perfect country location close to major lake, shopping centres and central business district.
7 days with hours to suit accommodation. - The restaurant is closed Sunday nights and Mondays.
Not applicable as being sold as a freehold.
One chef + two apprentice chefs + one Manager owner + casual waitstaff as required.
There is further potential to develop the site with the adjoining property which is available for purchase - land size 1 47 hectares with 4 bedroom brick and tile residence. - New liquor licence allows alcohol without food.
Weekly Sales $15400
Rent (ex GST) $0
Agent SBX Code Number: F3035 - SBX Business Brokers
- 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