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Hotel - Freehold - Great opportunity - Nets $7,000 p.w.

Business for Sale
Hotel - Freehold - Great opportunity - Nets $7,000 p.w.
NSW

Hotel - Freehold - Central West NSW - Agent SBX Code Number: CB1190 Freehold Hotel with renovated single bar, glycol system and four taps. - The bar has reverse cycle air conditioning,...

Price $1,200,000.00

Hotel - Freehold - Great opportunity - Nets $7,000 p.w.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Hotel - Freehold - Central West NSW - Agent SBX Code Number: CB1190

Freehold Hotel with renovated single bar, glycol system and four taps. - The bar has reverse cycle air conditioning, an open fireplace and has a area set aside for pool table, TAB when operating and jukebox. - Bottle sales are from fridge display behind bar and coolroom. - A small lounge with TV is utilised as a kids room and adjoins the dining room, which has an open fireplace, and is popular for the occasional meals and functions. - Accommodation comprises 8 upstairs letting rooms recently renovated, with separate facilities. - A guest TV lounge is available, and separate guest cooking facilities are provided near kitchen. - A portable coolroom is available for off site functions and hire. -A covered verandah at rear leads to the large lawn area which is used for large community functions. -100 seats outside - 36 seats inside.

Potential

Upgrade till system. - Install drop down blinds on rear verandah. -Increase evening meal availability. - Upgrade kitchen.

Features

Very loyal community support. - Unopposed position. - Well maintained. - Huge demand for home made pizzas.

Premises

Attractive 2 storey double brick premises with well maintained verandah and large yard containing 3 bay workshop and storage shed and a total area of 8000 sq.mts.

Location

Central position in small village in centre of very strong rural area with good access to larger towns.

Trading Hours

12.00 am License. 7 days - Opens 12.00 p.m. - as required.

Lease

Freehold.

Employees

2 owners + 3 casuals. (Under management from Oct.,2020)

Comments

Laundry done on site. - Ice storage equipment, pool table and jukebox remain property of supplier. -Freight and cartage not included in financial profile. - Solar power supplies HWS. - Hotel maintains a supply of basic food items for sale - Thursday night is pizza night when 100 plus are made and refrigerated. - Equipped with alarm system- Managers quarters 1 bedroom. - DA approval granted for 10 caravan sites. - AHA Best Country Hotel 2018.- Arrangements completed for hotel to be operated Under Management from October, 2020.

Agent SBX Code Number: CB1190 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195529
SBX ID: CB1190




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