Visit this listing at https://www.sbx.com.au/business?id=TQQ1117

Business Code: TQQ1117

Key Features: Weddings - Profit $36,4000 p.a - Near Coolangatta - Freehold - Functions

State: NSW

Suburb: Mount Warning, 2484

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.

Description

Freehold cafe - 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.

Summary

  • Features: Magical location with stunning views - Lifestyle business - Profitable - Very popular with weddings well booked in advance. - Very well known cafe & restaurant.
  • Potential: Can add additional cabins. - Recently hired marketing to increase sales. - Owner / operators working in the business would save on wages.
  • 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.
  • 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.

Weekly Summary

Weekly Takings (inc GST)

$51,000

Cost of Goods

$16,320

Gross Profit

$34,680

Wages

$17,850

Misc1

$9,830

Total Expenses

$27,680

Estimated Stock (Additional)

$60,000

Net Profit

$7,000

Price

$2,900,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Function Centre -Accommodation - Under Management

Business Code: TQQ1117
Price: $2,900,000

Key Features: Weddings - Profit $36,4000 p.a - Near Coolangatta - Freehold - Functions

State: NSW

Suburb: Mount Warning, 2484

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.

Description

Freehold cafe - 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.

Summary

  • Features: Magical location with stunning views - Lifestyle business - Profitable - Very popular with weddings well booked in advance. - Very well known cafe & restaurant.
  • Potential: Can add additional cabins. - Recently hired marketing to increase sales. - Owner / operators working in the business would save on wages.
  • 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.
  • 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.

Weekly Summary

Weekly Takings
(inc GST)

$51,000

Cost of Goods

$16,320

Gross Profit

$34,680

Wages

$17,850

Misc1

$9,830

Total Expenses

$27,680

Estimated Stock (Additional)

$60,000

Net Profit

$7,000

Price

$2,900,000

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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.