Food/Hospitality for sale
Restaurant - Chinese Cuisine - Motel - Snowy Mountains
\nRestaurant - Chinese Cuisine - Motel - Snowy Mountains - Agent SBX Code Number: CB1162
Chinese Restaurant serving authentic well - priced menu selections. - The Restaurant has an inviting entrance, which leads to the reception area, with a well- stocked bar and dining room easily accessed. - 100 seats - licences - Kitchen has been recently modernised with new equipment including stoves and 4 wok burners, deep fryer, 2 door commercial fridge and good freezer capacity. - The motel is on the upper floor, accessed from restaurant or rear parking area and consists of 16 ensuite rooms. - Rooms have been freshly painted, provide a wide range of accommodation options and have basic amenities
Upgrade accommodation amenities including TV and fridge. - Establish website. -Provide guest BBQ facilities utilising carport.
Great local support. - Well established. -Well-priced. - Good reputation for service. Opportunity to further utilise Motel.
Attractive premises with Chinese Restaurant on ground floor and Motel accommodation upstairs.
Ideal central location in busy Snowy Mountains regional hub.
Restaurant- High season - Mon. - Sun. -11.00 a.m. - 2.30 p.m. and 5.00 p.m. - 9.30 p.m. - Motel - as required.
Current lease commenced March, 2013 - Expires March, 2023. - C.P.I. increases - No bond.
1 owner + 3 full timers
The business enjoys strong seasonal support, with accommodation priced with demand. - Motel utilising 11 rooms only due to current residential requirements. - Premises are alarmed. - Miscell.1 - Trade waste - Income includes $700 p.w. from motel.
Weekly Sales $7000
Rent (ex GST) $1090
Agent SBX Code Number: CB1162 - 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