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Vibrant Cafe/Bar and 2nd Cafe For Sale - Mt Hotham Ski...

Business for Sale
MOUNT HOTHAM VIC

BS8684 YtD 2018 Income $232K with a long term lease Sale Price: $500K Mt Hotham is an internationally renowned ski resort situated 4.5 hours from Melbourne. The two cafes are located in a premier lo

Price $500,000

Vibrant Cafe/Bar and 2nd Cafe For Sale - Mt Hotham Ski Resort - Victoria

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
BS8684

YtD 2018 Income $232K with a long term lease
Sale Price: $500K

Mt Hotham is an internationally renowned ski resort situated 4.5 hours from Melbourne. The two cafes are located in a premier location in the Mt Hotham Village and has a liquor licence to serve up to 122 patrons. During winter, trade on the mountain booms from patrons enjoying the popular snow sports the region has to offer.

Healthy meals, beer, wine, hot drinks and snacks are served to patrons to relax and enjoy live music in comfort, while watching the action on the ski fields.

The business is systemised with all revenue, expenses and employees on record. The business uses its website, Facebook and customer referrals to promote and connect with its target audience.

BUSINESS HIGHLIGHTS

• Adjusted Income to one working owner for FY2018 est. $240k
• Open for winter season trading, only 17 weeks per year
• The resort invested $4.1mil in 19 snow guns, ensuring a consistent snow season.
• Contemporary healthy food & snacks served, with beer, wine & hot drinks
• Weekly takings between $33,000 to $40,000
• 800+ kgs of coffee beans per season
• Unique location at a world class ski resort.
• 50% revenue split between food and beverages
• A very reasonable rent of $4,000 per week
• Long lease with options to 2032.

10% deposit and balance on settlement. The owner will provide training and advice during an agreed handover period.

The business is suitable for an investor, partnership or a working 'hands-on' person/s who can combine a blend of energy and creativity with this exciting opportunity. The vendors have owned the business for 11 years, and have decided it is time to move on to new challenges.

A full and comprehensive Business Profile for this business is available upon the signing of a confidentiality agreement. To learn more about this impressive business inquire today.

Asking Price: $500,000

Contact Seller

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Contact: Xcllusive Business Sales
Phone: 02 9817 3331

Bsale ID: 189549
Agent ID: 4314097




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