SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Hotel - Leasehold - Long established

Listing Id : 148605

Location : New South Wales

Category : Accommodation

Asking Price : 60,000

Business description

Hotel - Leasehold - South West NSW - Agent SBX Code Number: CB1239 Hotel leasehold with a single bar, heated by pot belly stove, and supplied by glycol system servicing 6 taps. - Bottle sales are from refrigerated display unit behind bar. -Separate area behind bar houses 2 pokies and new TAB installation. - A large entertainment room contains the pool table and juke box, and leads to the outside garden with stage and storage shed. - The restaurant opens Thurs. - Sun. providing lunch and dinner, and is outsourced on a week to week basis. - A 3 br managers residence is located upstairs with the guest accommodation, which comprises 8 rooms with separate facilities. - 42 seats inside - 18 seats outside. Potential Could install Keno. - Create website. -Target social media. - Update pokies. -Continue refurbishment. - Reintroduce management of restaurant. Features Strong local support. - Good position. -Long established. - Interesting ambiance. Premises Older style 2 storey brick building with street frontage verandah and a total area of 2200 sq. mts. Location Main street location in delightful town servicing a strong rural area in Southern Tablelands. Trading Hours 7 days - Mon. - Thurs. - 11.00 a.m. - 8.00 p.m. - Fri. - 11.00 a.m - 12.00 a.m. - Sat.- 10.00 a.m - 12.00 a.m. - Sun. - 10.00 a.m. - 10.00 p.m. Lease New 5 + 5 year lease - 3% increases - Bond 3 months. Employees 1 owner. + 1 casual. Comments Security is provided by extensive CCTV coverage with remote monitoring. - Memorabilia in bar remains property of local community. - Full potential still to be reached due some outdated infrastructure. Figures Weekly Sales $6500 Rent (ex GST) $850 Wages $600 Profit $2575 Agent SBX Code Number: CB1239 - SBX Business Brokers


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