For Sale $2,800,000
SBX Business Brokers

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

Food/Hospitality for sale


For Sale $2,800,000

Business Details

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.

Trading Hours
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
Wages $3000
Profit $5000

Agent SBX Code Number: F3035 - 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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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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