FREEHOLD TAVERN AND RESTAURANT, PIZZA TAKEAWAY, UNIT ACCOMMODATION

Property Type: Hotel
Sale Type: Freehold
Price: $995,000 + SAV
Region: NT - South

Offered as a Freehold Going Concern a large profitable tavern and restaurant with 2 large 2 bedroom units located above the complex.

Located in the tourism hub of Katherine Northern Territory, this tavern and restaurant which also features a profitable pizza takeaway is well located on a major highway.

This business is only operating for approximately half the year owing to the owners having extensive business interests in the region and now offers committed operators a huge opportunity to lift turnover and profit.

The tavern and restaurant holds a total capacity of approximately 225 people and is very comfortably fitted out. Enjoys very good patronage and is gaining further patronage
from business people and defence and government personnel.

• Tavern, restaurant and pizza takeaway
• Full bar facilities, keno, music, large screen projector/TV
• 2 large 2 bedroom units fully rented out, short term leases
• Ample car parking, prominent location
• Only operates approximately half the year due to the owners commitments elsewhere
• Large complex, fully fitted out, presented very well
• Full year nett profit expected $270,000
• Full year income expected approximately $700,000