Price reduced down from $270,000 to $170,000 due to owner health reasons.
Highlights
- Well-established and secure business
- Various income sources
- Heritage-listed and attractive premises
- Good-quality fit-out and equipment
- Large target market;
- Good opportunity for further growth.
Overview
The Heritage House Guest House (Bed and Breakfast), Café and Restaurant is located in Bombala, which is approximately 2 hours drive south from Canberra.
Located on the Monaro highway half-way between Sydney and Melbourne, this prestige building offers everything visitors and tourist are looking for.
The business contains a Bed and Breakfast, Café with alfresco garden setting and separate Restaurant which would suit anyone who would like to be their own boss.
This wonderful old building has been transformed by the proprietors into a Guesthouse offering five guest rooms and a Restaurant that is open daily, offering breakfast, lunch and dinner.
The Function Room and the Dining Room have been tastefully decorated with artefacts from a time gone past. The beauty of the building is reflected in the accommodation and compliments the surroundings, giving a nice warm homely feeling.
Present owners are retiring and are looking for new owners to take this business to the next level.
Business Details
The business has the following income streams:-
- Accommodation
- Restaurant – Chinese and A la Carte
- Take-a-way meals
- Café
- Functions and weddings
- Refreshments including a liquor license.
Accommodation
Well equipped, contains 5 bedroom premises, each containing their own ensuite, one with spa. The downstairs bedroom is fitted with disabled access. One bedroom, upstairs, can be converted into a family room. All rooms are spacious, well presented and contain queen size beds. Occupancy rate of 80% with an average room rate of $140 per night. The present owners utilise one of the rooms currently for accommodation.
Restaurant
The restaurant cuisine is primarily Chinese, however an a-la-carte menu is available. Fully equipped kitchen, with double wok, deep fryer, pizza oven, dishwasher, cool room, four freezers, double sink, three microwaves, rice cooker and plenty of stainless steel bench space. Plus there is a wood-fired pizza oven.
Fully Licensed and can seat 40 patrons, Outdoor restroom, Alfresco dining, Garden seating, and beautiful garden setting with water feature and rose gardens, can be used for alfresco dining.
The restaurant also has a large takeaway service with a sizeable customer base.
Cafe
Capacity to seat 25 patrons. This part of the business has not been fully promoted and provides an opportunity for new owners. Alfresco area available - seating for 30 people.
Functions (can be held in Café and/or Restaurant)
Also available is our recently renovated Function Room that opens onto a lovely garden area with several water features that will add a feeling of charm and history to any social event. Cater for all types of affairs from weddings and anniversaries to birthdays and holiday parties.
Growth opportunities for revenue will come from:-
- Developing a Marketing plan and strategies and implementing this plan;
- Promoting the Restaurant more;
- Opportunity to re-open the café and operate full time;
- Referrals and repeat business;
- Marketing and building further loyalty with the regular customer base.
Information Memorandum Availability
View the 'Information Memorandum' for more detailed information and next steps - Click here to read
Dashboard Favourites/Questions
Click on the 'Add to shortlist' heart shaped button to keep this business in your 'Favourites' and refer to it at a later time.
Click on the 'Contact Seller' button to send a message or ask a question.
