Hotel - Leasehold - North West N.S.W.
\nHotel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1165
Leasehold hotel which includes a function room with 200 seat capacity with its own bar. - A popular restaurant / bistro which seats 90. - The hotel has reverse cycle air conditioning and a glycol system supplying 3 bars and 12 taps. - The commercial kitchen is well equipped, modern and has a pizza oven. - A drive-through bottleshop enjoys huge demand and is separately staffed. - Accommodation consists of 23 rooms over two storeys, with shared facilities and guest lounge, kitchenette on first floor. - Separate room for 5 poker machines plus an ATM and cigarettes dispensed by machine. - Games room has 2 pool tables and jukebox.
Could reintroduce TAB. - Finalise website presentation. - Install kids play area and complete beer garden shelter. Freehold available.
Dominant position. - Great reputation. -Good margins. - High demand for dining and functions. - Long lease. - Top quality premises.
Magnificent 3 storey Federation era premises, with renewed verandahs, in excellent condition with an area of 1800 sq.mts.
Unopposed position in thriving North West rural town which is hub of Australian cotton production.
7 days - Mon. - Wed. - 5.00 a.m. - 12.00 p.m. -Thurs. - Sat. - 5.00 a.m. - 2.00 p.m. - Sun.- 10.00 a.m. - 10.00 p.m.
New 5 x 5 x 5 year lease available - C.P.I. increases - 3 months bond.
1 owner + 1 full timer + 12 casuals.
Misc 1 - Cleaning, bar supplies and security. - Misc 2 - Freight and cartage. - Cost of goods includes poker machine taxes, monitoring and payouts. - New CCTV system with remote access installed. - The kitchen is sublet on a rolling 3 months agreement with figures not included in profile. Pool table and juke box remain property of supplier. - Bottleshop upgrade involves supplier agreement to be maintained. - Freehold available for $2,000,000. - see CB1115
Weekly Sales $48500
Rent (ex GST) $3500
Agent SBX Code Number: CB1165 - SBX Business Brokers
- Last Updated May 2016
- 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
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065