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Freehold - Under Management - Great opportunity

Business for Sale
Freehold - Under Management - Great opportunity
NSW

Freehold - Under Management - South West N.S.W. - Agent SBX Code Number: CB1065 Freehold hotel under management with a total of 5 bars, equipped with glycol system, serving an extensive ran...

Price $1,490,000.00

Freehold - Under Management - Great opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Freehold - Under Management - South West N.S.W. - Agent SBX Code Number: CB1065



Freehold hotel under management with a total of 5 bars, equipped with glycol system, serving an extensive range of beers. - Included is 9 EGMs (poker machines) and a great TAB coverage. - A motel with 13 rooms is attached to the premises providing comfortable and affordable single, double and family accommodation. - Managers residential accommodation is met with a 3 br. residence. - Popular restaurant opens daily, and is in demand for functions. - 120 seats - Excellent provision for outside preferences with 3 beer gardens.



Potential

Introduce website - Advertise through university connections - Large block invites further development -New trotting track being constructed nearby with multiple weekly fixtures planned - Large residential development in close proximity.



Features

Great location - Hotel returns are complimented by motel trading.



Premises

Imposing structure situated on a large block housing motel and hotel businesses .



Location

Situated in major regional City close to university and near industrial and residential area.



Trading Hours

7 days as required



Lease

Freehold



Employees

1 Manager + casuals as required



Comments

Miscell.1 - Management expenses - Miscell.2 - Freight - Currently operated on a loose management agreement with owner - Figures are estimated with exception of nett profit which is amount paid to owner.



Agent SBX Code Number: CB1065 - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 104436
SBX ID: CB1065




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