Business Sold BS148343 BS148343, Moama, New South Wales 2731
Business Category Catering Restaurant
SOLD
Description
Contract Catering For Madison Spa Resort – Moama
Turnover: $650K - $720K - High Occupancy Resort
No Initial Outlay Just Monthly Rent + Outgoings
A premium hospitality venue since it was built just over 20 years ago, Madison Spa Resort is a 40-room Resort-style Motel and Day Spa.
It includes an 80-seat restaurant that serves breakfast, lunch, and dinner to in-house guests - including room service and poolside dining – and the public.
The resort is now seeking someone to take the catering to the next level, not only with indoor dining, but also the very popular Resort pool area.
Fully equipped Bar Restaurant and Commercial Kitchen is supplied on a replacement of inventory agreement (What you start with must be maintained or replaced)
High occupancy of the resort means little to no advertising for business - 60% midweek, 100% weekends
Premium property in the area for 20 years
Turnover is between $650,000 - $720,000
Yearly Rent $30,000 - Yearly outgoings $30,000
Clientele includes In-house guests and local residents
Bar sales with cocktails available offer a huge source of revenue
The opportunity also exists to introduce mini bars (at the discretion of the incoming leasee)
Madison Spa Resort is well supported by the local community, as there is a shortfall in overall dining venues throughout the area.
The owners are seeking hospitality professionals to operate all facets of the Resort’s food and beverage operations. This a perfect business opportunity for a savvy entrepreneur in the hospitality industry.
Opportunities like this are extremely rare, so enquire today to discuss contract conditions and terms!
Business ID: BS148343
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