SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Weddings - Restaurant - Freehold - Great freehold and business

Listing Id : 245088

Location : New South Wales

Category : Real Estate Agency

Asking Price : 2,900,000

Business description

Weddings - Restaurant - Freehold - North Coast NSW - Agent SBX Code Number: TQQ1117 Freehold restaurant, accommodation, and wedding functions. - The business currently hosts 40 - 50 weddings per year with an average spend of $20,000 per wedding - total revenue is approx. 40% of sales. - The balance of the revenue is approx 10% accommodation and 50% from the restaurant. - The restaurant serving Modern Australian cuisine is open for lunch and dinner 5 days a week with full commercial kitchen.- Spread over 25 acres there are 5 self contained cabins, beautifully presented in amazing rainforest landscape. - There are 2 separate wedding locations. - The overall presentation is classic timber buildings, with large wrap around verandahs. Potential Can add additional cabins. - Recently hired marketing to increase sales. - Owner / operators working in the business would save on wages. Features Magical location with stunning views - Lifestyle business - Profitable - Very popular with weddings well booked in advance. - Very well known cafe & restaurant. Premises A country rainforest setting with gorgeous landscape, restaurant, lake, private cabins, well maintained gardens, and house with restaurant all packaged on 25 acres of land. Location Northern Rivers region of New South Wales breathtaking 360 degree views around the property with coastal views stretching from The Gold Coast to Byron Bay. Trading Hours Cafe & Restaurant - 5 days a week. - Weddings on the weekend. Lease Freehold purchase includes 25 acres of land, restaurant / cafe, wedding bookings and functions, cabins. Employees 1 owner + 10 full time staff + 5 casuals Comments This is one of the most spectacular locations in Australia - first time ever offered. Suit a couple or family with food background to run the restaurant and catering for the weddings - a rare opportunity to own one of the most beautiful freehold locations in this part of the world. - Misc.- 1 - $9,830 other expenses, including marketing & social media costs, property maintenance, electricity, gas. Figures Weekly Sales $51000 Rent (ex GST) $0 Wages $17850 Profit $7000 Agent SBX Code Number: TQQ1117 - SBX Business Brokers


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