Visit this listing at https://www.sbx.com.au/business?id=SF1135

Business Code: SF1135

Key Features: Jindabyne -Italian Restaurant -PSA Liquor license - Views - Snowy Mountains

State: NSW

Suburb: Jindabyne, 2627

Location: Elevated restaurant overlooking lake in busy main street position and central location in Snowy Mountains.

Description

Restaurant currently serving Italian cuisine using fresh and local ingredients. - Includes pizza, pasta, seafood, salads, desserts, soft drinks - Fully licensed with a PSA licence and authorised to serve alcohol without a meal - This restaurant has a full kitchen including cool room, exhaust and grease trap - seats 95 inside - 10 outside.

Summary

  • Features: Valuable Primary Service of Alcohol License -A local Icon with good reputation - Great position - Magnificent views - Skiers favourite - Close to local schools - Award winning - All equipment is owned - Huge potential in the area
  • Potential: Could open all year round -Could do buffet breakfast- Could open during the day - To do advertising and marketing and increase social media presence - Suit any cuisine and/or bar - Valuable PSA liquor license - Catering potential
  • Premises: Brilliant position restaurant with great location large windows and the only restaurant with 180 degrees views of the lake and an area of 140 sq. mts.
  • Trading Hours: 6 nights - Tues - Sun 6pm - 10 pm
  • Lease: Current lease commenced April,2017 - Expires April, 2022 + 5 year option - C.P.I. increases - 3 month bond
  • Employees: 2 owners - 1 full timer - 5 casuals (as required)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,000

Cost of Goods

$4,800

Gross Profit

$10,200

Rent

$950

Wages

$4,200

Outgoings

$195

Telephone

$20

Insurance

$30

Electricity

$140

Gas

$60

Misc1

$350

Total Expenses

$5,945

Estimated Stock (Additional)

$9,000

Net Profit

$4,255

Price

$138,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bar with PSA - Restaurant - Takeaway - Functions

Business Code: SF1135
Price: $138,000

Key Features: Jindabyne -Italian Restaurant -PSA Liquor license - Views - Snowy Mountains

State: NSW

Suburb: Jindabyne, 2627

Location: Elevated restaurant overlooking lake in busy main street position and central location in Snowy Mountains.

Description

Restaurant currently serving Italian cuisine using fresh and local ingredients. - Includes pizza, pasta, seafood, salads, desserts, soft drinks - Fully licensed with a PSA licence and authorised to serve alcohol without a meal - This restaurant has a full kitchen including cool room, exhaust and grease trap - seats 95 inside - 10 outside.

Summary

  • Features: Valuable Primary Service of Alcohol License -A local Icon with good reputation - Great position - Magnificent views - Skiers favourite - Close to local schools - Award winning - All equipment is owned - Huge potential in the area
  • Potential: Could open all year round -Could do buffet breakfast- Could open during the day - To do advertising and marketing and increase social media presence - Suit any cuisine and/or bar - Valuable PSA liquor license - Catering potential
  • Premises: Brilliant position restaurant with great location large windows and the only restaurant with 180 degrees views of the lake and an area of 140 sq. mts.
  • Trading Hours: 6 nights - Tues - Sun 6pm - 10 pm
  • Lease: Current lease commenced April,2017 - Expires April, 2022 + 5 year option - C.P.I. increases - 3 month bond
  • Employees: 2 owners - 1 full timer - 5 casuals (as required)
  • Sale Reason: Retirement
  • Comments: Misc 1 - Other general expenses - This business is seasonal - For ski season from June to October the restaurant will open 6-7 nights and 4 lunches and can make up to $30,000 per week. - Current owners have owned the business for over 30 years and have not been operating it to its full potential for the last few years. - Could open all year round and cater for the locals and many events over the summer. -Opening as a cafe in the day to take advantage of the panoramic scenery. -
    As well as the usual Christmas / New Year trade, this year the Waterski Championships will be held on Lake Jindabyne, and the Snowy Festival. - In January Thredbo plays host to the Blues Festival. - Loads of potential to increase sales and profit for an enthusiastic owner. -
    2 group coffee machine is fully owned. - Closed Jan - May 2020 due to bushfires and Covid -19 and re opened in June 2020 with strong sales

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$15,000

Cost of Goods

$4,800

Gross Profit

$10,200

Rent (ex GST)

$950

Wages

$4,200

Outgoings

$195

Telephone

$20

Insurance

$30

Electricity

$140

Gas

$60

Misc1

$350

Total Expenses

$5,945

Estimated Stock (Additional)

$9,000

Net Profit

$4,255

Price

$138,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.