Visit this listing at https://www.sbx.com.au/business?id=SFG1049

Business Code: SFG1049

Key Features: Function Centre - Restaurant - Events - High turnover - Excellent reputation

State: NSW

Location: Superbly situated on main road in semi rural area in picturesque Hawkesbury district.

Description

Function centre - events - restaurant. - Magnificent 5 y ear old landmark function centre and restaurant which has capacity for up to 200 standing guests or 160 seated. - This stand out hospitality venue features four zones for functions from intimate to large and casual to formal. - Superb near new kitchen is large and features leading Waldorf branded equipment and comprises 12 cooktop burners, 2 under bench ovens, 2 combi ovens, pizza oven, under bench fridges, substantial separate cool room and freezer and much more. - The dining area features fully equipped licenced bar with its own cool room, custom hardwood tables and feature chandeliers. - Impeccable presentation throughout and absolutely nothing to spend.

Summary

  • Features: Scenic location. - Excellent presentation. -Superbly equipped kitchen. - Full capacity for large events. - Well maintained and near new. - Profitable business. - Significant growth opportunities with expanding population.
  • Potential: Further develop social media. Advertise prominently in bridal media outlets.
  • Premises: Purpose built function centre and restaurant with multiple entertaining zones both inside and outside comprising 450 m²
  • Trading Hours: 7 days - Mon.- 12 p.m. - 3 p.m.- Tues. - Fri . -12 p.m. - 3 p.m. - 5.30 p.m. till late - Sat. -Sun. - 9 a.m. - 3 p.m. - 5.30 p.m. till late
  • Lease: Current 5 year lease expires December 2023 + 5 + 5 year options. - CPI increases - 3 month bond
  • Employees: 1 owner (part-time) + 2 full time chefs + 1 full time floor manager + 5 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$23,000

Cost of Goods

$6,200

Gross Profit

$16,800

Rent

$2,200

Wages

$6,000

Telephone

$75

Insurance

$85

Electricity

$210

Gas

$190

Misc1

$300

Misc2

$350

Total Expenses

$9,410

Estimated Stock (Additional)

$20,000

Net Profit

$7,390

Price

$549,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Function Centre - Restaurant - Events

Business Code: SFG1049
Price: $549,000

Key Features: Function Centre - Restaurant - Events - High turnover - Excellent reputation

State: NSW

Location: Superbly situated on main road in semi rural area in picturesque Hawkesbury district.

Description

Function centre - events - restaurant. - Magnificent 5 y ear old landmark function centre and restaurant which has capacity for up to 200 standing guests or 160 seated. - This stand out hospitality venue features four zones for functions from intimate to large and casual to formal. - Superb near new kitchen is large and features leading Waldorf branded equipment and comprises 12 cooktop burners, 2 under bench ovens, 2 combi ovens, pizza oven, under bench fridges, substantial separate cool room and freezer and much more. - The dining area features fully equipped licenced bar with its own cool room, custom hardwood tables and feature chandeliers. - Impeccable presentation throughout and absolutely nothing to spend.

Summary

  • Features: Scenic location. - Excellent presentation. -Superbly equipped kitchen. - Full capacity for large events. - Well maintained and near new. - Profitable business. - Significant growth opportunities with expanding population.
  • Potential: Further develop social media. Advertise prominently in bridal media outlets.
  • Premises: Purpose built function centre and restaurant with multiple entertaining zones both inside and outside comprising 450 m²
  • Trading Hours: 7 days - Mon.- 12 p.m. - 3 p.m.- Tues. - Fri . -12 p.m. - 3 p.m. - 5.30 p.m. till late - Sat. -Sun. - 9 a.m. - 3 p.m. - 5.30 p.m. till late
  • Lease: Current 5 year lease expires December 2023 + 5 + 5 year options. - CPI increases - 3 month bond
  • Employees: 1 owner (part-time) + 2 full time chefs + 1 full time floor manager + 5 casuals
  • Sale Reason: Multiple businesses
  • Comments: Misc.- 1 - GST - Misc.- 2 - Sundry expenses. - Unique opportunity to purchase fully equipped function centre and restaurant with great flexibility to cater from small to large gatherings, seated or standing in growth corridor of outer Sydney. - High level of kitchen equipment and functionality would be hard to equal. - Genuine reason for sale and
    solid opportunity for significant profitability due to flexibility of venue and ability to achieve multiple income streams.

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)

$23,000

Cost of Goods

$6,200

Gross Profit

$16,800

Rent (ex GST)

$2,200

Wages

$6,000

Telephone

$75

Insurance

$85

Electricity

$210

Gas

$190

Misc1

$300

Misc2

$350

Total Expenses

$9,410

Estimated Stock (Additional)

$20,000

Net Profit

$7,390

Price

$549,000

 Print

Enquire about this listing



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.