SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Hotel - Leasehold - Profit $10,500 pw - Near Tamworth - Great business

Listing Id : 89520

Location : New South Wales

Category : Accommodation

Asking Price : 300,000

Business description

Hotel - Leasehold - North West NSW - 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 which consists of 23 rooms over two storeys, with shared facilities and guest lounge, kitchenette on first floor is subject to a recent fire compliance order and is currently not utilised - Separate room for 5 late model poker machines plus an ATM and cigarettes dispensed by machine. - Games room has 2 pool tables and jukebox. - TAB and Keno enjoy good patronage. Potential Finalise website presentation. - Install kids play area and complete beer garden shelter. - Freehold available. Features Dominant position. - Great reputation. -Good margins. - High demand for dining and functions. - Long lease. - Top quality premises. Premises Magnificent 3 storey Federation era premises, with renewed verandahs, in excellent condition with an area of 1800 sq.mts. Location Unopposed position in thriving North West rural town which is hub of Australian cotton production. Trading Hours 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. Lease New 5 + 5 + 5 year lease available - C.P.I. increases - 3 months bond. Employees 1 owner + 1 full timer + 12 casuals. Comments 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. - Income is gst inclusive. Pool table and juke box remain property of supplier. - Bottleshop upgrade involves supplier agreement to be maintained. - Freehold available for $1,900,000. - see CB1115 Figures Weekly Sales $60500 Rent (ex GST) $3500 Wages $6350 Profit $10010 Agent SBX Code Number: CB1165 - SBX Business Brokers


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