Food, Beverage & Hospitality business for sale in Hawks Nest
- Food, Beverage & Hospitality
- Hawks Nest NSW 2324
- $600,000 Negotiable
High volume bar/ restaurant
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 Australia's 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 in especially high numbers during the summer months.