Hospitality Establishments Situated In A Hotel

Business For Sale Newcastle, New South Wales 2300

Business Category Alcohol Liquor Shop Hotel

$70,000

Description

Hospitality Establishments Situated In A Hotel

On offer are the bar, restaurant and cafe operations within a hotel in the Hunter Valley area. The two bars, restaurant and cafe have a great modernised fitout for casual dining and entertainment. The hospitality side operates independently of the hotel and trades seven days per week but only until 10:00 pm. With a liquor licence in place until 3:00 am, there is ample opportunity to increase operating hours to improve revenue potential.

The business benefits from good feedback for its food with customers keen to recommend it to their friends and family. While the business benefits from hotel guests dining at the restaurant, bar and cafe, it also appeals to locals in the area looking for good food and beverage options.

There has been no marketing for the business except for having a huge following on Facebook. There is ample opportunity to drive exposure to potential customers by engaging in marketing and advertising efforts outside of social media.

The business is currently overstaffed. Experienced hospitality operators have a great opportunity to assume the role of the bar/venue manager, foregoing cleaning expenses, reducing one chef and cutting security costs by half to more than double the current annual profit. Moreover, the cafe space has incredible potential to grow due to having ample space for entertainment, such as DJs and live bands, as well as functions.

*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Bsale ID: 644063
Broker REF: 20420

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