SUMMARY
High volume bar/ restaurant
DESCRIPTION
Phone enquiries - please quote property ID 18361
This iconic restaurant and bar is the social hub of a stunning seaside town on the Mid North Coast of New South Wales. Operating in its current form since 2009, the business is locyated 100 metres from the beach and is the only hospitality business of its kind in the township.
The business has exhibited extraordinary and consistent growth of more than 30% annually under the current ownership since 2009 and today the restaurant and bar is on track to turnover $2 million this financial year. After extensive improvements which better utilised the floor space, the restaurant now seats up to 80 patrons and is fully licensed for a further 200 people in the bar.
Perfectly located across from the beach, the business also benefits from being attached to a 38-room motel. Although it is a separate business the motel guests frequent this popular restaurant and bar along with the patrons of one of Australiaâs largest seaside caravan parks situated just across the road. The solid reputation and ideal central location with high visibility has ensured that the business has had little need for marketing or promotion. The business has evolved to become the heart of the township as locals and the many visitors have flocked to the restaurant/bar â in especially high numbers during the summer months.Australia,
100 Booner Street,
Hawks Nest,
NSW,
2324
Hawks Nest NSW 2324Phone enquiries - please quote property ID 18361
This iconic restaurant and bar is the social hub of a stunning seaside town on the Mid North Coast of New South Wales. Operating in its current form since 2009, the business is locyated 100 metres from the beach and is the only hospitality business of its kind in the township.
The business has exhibited extraordinary and consistent growth of more than 30% annually under the current ownership since 2009 and today the restaurant and bar is on track to turnover $2 million this financial year. After extensive improvements which better utilised the floor space, the restaurant now seats up to 80 patrons and is fully licensed for a further 200 people in the bar.
Perfectly located across from the beach, the business also benefits from being attached to a 38-room motel. Although it is a separate business the motel guests frequent this popular restaurant and bar along with the patrons of one of Australiaâs largest seaside caravan parks situated just across the road. The solid reputation and ideal central location with high visibility has ensured that the business has had little need for marketing or promotion. The business has evolved to become the heart of the township as locals and the many visitors have flocked to the restaurant/bar â in especially high numbers during the summer months. Business For Sale Food/hospitality Show number$600,000 NegotiableThe Palladium 150/102 Miller Street Pyrmont NSW 2009
$34,762pa (exc GST) + Outgoings
Peaceful Studio Space Located in the Heart of Pyrmont - UNDER OFFERLease
More than 1 month ago
Pyrmont
,
NSW
3812 Strath Road Berrimah NT 0828
Expressions of Interest
THEY DONâT BUILD THEM AS STRONG AS THIS ANYMORE!!For Sale
More than 1 month ago
Berrimah
,
NT
Lot 7 Munbura Road Balberra QLD 4740
Offers above $1,250,000
160 acres, close to Mackay, Sarina and the Beaches.For Sale
More than 1 month ago
Balberra
,
QLD
YOU MAY ALSO LIKE
14Blackmans Bay TAS 7052
Blackmans Bay Post Office, Newsagency & Lotto Outlet Aust Post Income in Excess of $200K pa$599,000+SAV
Yesterday
Blackmans Bay
,
TAS
New
439 Emu Bay Rd Deloraine TAS 7304
Weekly Sales>$21,000 Only Bakery in Deloraine Tasmania, Wholesale and Retail Trade o/o $100k+savOFFERS OVER $100,000+SAV
2 days ago
Deloraine
,
TAS
New
13Scottsdale TAS 7260
Leasehold Landmark Lords Hotel, sought after rare opportunity Offers Over $350,000 +sav$350,000 + SAV
2 days ago
Scottsdale
,
TAS
New
620 Station St Cobram VIC 3644
Established Laundromat Business$140,000
6 days ago
Cobram
,
VIC
New
13East Devonport TAS 7310
East Devonport Australia Post Office Adj Net Profit >$100k for Working Couple$150,000+SAV
1 week ago
East Devonport
,
TAS
New
5Longford TAS 7301
Highly Popular Ladies Fashion Business Trading 5.5 Days Attractive Profit FY2024 $140K+ ROI80%OFFERS OVER $85,000+SAV
2 weeks ago
Longford
,
TAS
New
11Geeveston TAS 7116
Tassie Toners, Lotto & Giftware Beautiful Country Town Projected Net $100kOFFERS OVER $195,000+SAV
More than 2 weeks ago
Geeveston
,
TAS
New
5Launceston TAS 7250
Established Launceston's CBD Tatts Lotto Franchise Trading 5.5 days Netting >$140,000 FY2024OFFERS OVER $139,000+SAV
More than 2 weeks ago
Launceston
,
TAS
New