Industry:
Food and Hospitality
Business Address:
Gloucester, NSW, 2422, Australia
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Click on pics to enlarge.
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| AD
ID: |
B140400017 |
| Asking
Price: |
AUD$99,000
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| Rent: |
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| Detail
business type: |
restaurant/bistro/function venue |
| Business
Ph: |
02 6558 1507 |
| After
hours ph: |
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| Name: |
Gary Faires |
| Advertising
Nature: |
Business Broker |
| Company
Name: |
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| Phone: |
02 6558 1507 |
| Mobile: |
0427 581 507 |
| Fax: |
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| Email: |
garyf@webbs.com.au |
| Website: |
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| Postal
Code: |
2422 |
| Country: |
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Comments:
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Features |
Restaurant, Bistro and function venue for sale $99,000 plus SAV
Looking for a tree change?
Business turnover: $400k p.a.
The restaurant currently only trades for dinner seven nights plus opens for booked functions. Opportunity to trade for lunch on weekends could greatly increase takings.
A good chef coupled with some marketing would greatly increase trade and profitability
Food style is modern Australian and can easily be converted into any food type
*long lease 5+5+5
*Net profit $120,000 for hands on owner
*established 20 years
*Rent only $200 a week
*Kitchen fitted out with brand new equipment
*staff 8
*chef/manager is prepared to stay on and help train if required and subject to negotiation
The business is located within a Country Club with golf course and motel on site. Both of which bring in good business.
There is a 50 seat restaurant, 240 seat bistro and 80 seat function room. Many functions, weddings, corporate events and bus tour groups are frequently held here.
Business currently under full management as the owner lives interstate.
Later this year there will be a new mine opening up near town which is expected to bring jobs, growth and great wealth to the town.
The restaurant does see consistent trade through a range of means whether it be tourism with bus tour groups, day trippers and holiday makers. It also hosts functions with businesses consistently holding conferences and seminars, including AGL, Gloucester Coal, Norco, Dairy Farmers, Gloucester City Council just to name a few. Then there are the social groups like Lions, Rotary, View and golfing groups which hold their meetings and special functions with us as well. Then there are our locals who make up regular dinning on Friday and Saturday. The locals hold birthday parties, wakes, reunions, weddings with us. Of course there is the motel which brings in business consistently throughout the year with people having room service and dining in house as well.
Gloucester is situated in a picturesque valley on the Gloucester River, an easy three hour drive north of Sydney. Gloucester is the centre of a rich beef, dairying and timber district and is within easy reach of several World Heritage wilderness areas in the nearby National Parks and State Forests.
For further inquires, please contact Mr.Gary Faires
Tel: 02 6558 1507
Mob:0427 581 507
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- Excellent Location
- Good Turnover
- Huge Potential
- Stock At Value(SAV)
- Training Provided
- Low Rent
- Good Lease
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