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Hotel business for sale in Mordialloc

  • Hotel
  • Mordialloc VIC 3195
  • $1,500,000 - $1,750,000 (GST na)

Iconic Restaurant/Bar

Iconic well known Bayside venue, in prime position is available to purchase.
Business has been operating since 2006, and has grown every year since, and has now established itself as a well known institution of the local community.
High revenue, and high profitability along with a very long 30 year lease.
Price: $ 1,500,000.00 to $ 1,750,000.00 ONO
Stock Value: $ 30,000.00 to $ 50,000.00
Net Profit: $ 650,000.00 approx
Turnover: $ 3,900,000.00 approx
Lease Terms: 400,000 rent per annum, 30 year lease
Rented Area: 830 sq meters
Trading Hours: Trading hours permitted are 7am-1am, 7 days

Business Highlights

Business ID2014721383
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  22 Oct 2018
Map for Mordialloc VIC 3195
International Business & Introduction Brokers/Agents(INBIB)
13 Lowestoft Avenue Berriedale TAS 7011

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