For Sale $820,000
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 $820,000

Business Details

Management Rights - Real Estate - North Coast N.S.W.

\nManagement Rights - Real Estate - North Coast N.S.W. - Agent SBX Code Number: CB1218

Management Rights of established beachfront resort with 33 x 2 bedroom units in the complex. - Included is a 2 x bedroom fully furnished unit with office incorporated for the Manager. - An excellent solar heated pool is available, along with heated spa and a sheltered cabana with guest BBQ. - Easy access to the popular surfing beach, and close to all amenities. - A strong letting pool of 16 units is currently in place, with occupancy rates of approximately 60%. - The manager unit is valued at $400,000 and rights $500,000.

Potential
Could target owners for increase in letting pool. - Target social media.

Features
Great position. - Easy maintenance with good record. - Good return. - Recently underwent extensive refurbishment.

Premises
Attractive three storey brick premises on large level block with a total area of 2000 sq. mts.

Location
Beachfront location on main road in North Coast NSW with easy access to Coolangatta airport and Gold Coast towns.

Trading Hours
7 days - Mon. - Fri. - 9.00 a.m. - 3.00 p.m. -Sat. - Sun. - 8.00 a.m. - 12.00 p.m.

Lease
New 10 year body corporate agreement available. -C.P.I.increases.

Employees
2 owners.

Comments
Local club provides courtesy bus for guests. - An excellent opportunity to enjoy relaxed lifestyle with good business returns.

Figures
Weekly Sales $3250
Rent (ex GST) $0
Wages $0
Profit $2595

Agent SBX Code Number: CB1218 - 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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