Businesses for Sale

Buy your next business via bsale
My Account: Sign In

Freehold Outback Hotel with General Store

Business for Sale
Sandstone WA

This freehold hotel and general store on 1.5 acres of commercial land is a real gold mine - quite literally! Already turning over around $1 million a year, it's about to get an even bigger boost from

Price Freehold price: $940,000

Freehold Outback Hotel with General Store

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
This freehold hotel and general store on 1.5 acres of commercial land is a real gold mine - quite literally! Already turning over around $1 million a year, it's about to get an even bigger boost from a new gold mine opening nearby.

Established in 1907, the Sandstone National Hotel and General Store is 661km from Perth and 157km from Mt Magnet, and is the only pub and general store for 150km!

Alto Metals Ltd is in the process of opening a new gold mine 6km away, and the hotel is already benefitting as surveyors and other personnel visit the area and need somewhere to stay.

- Newly renovated inside and out, with improvements ongoing
- Mix of motel-style rooms and pub rooms, including 4 new rooms with ensuites
- TVs in 12 of the 14 motel rooms
- Bar and restaurant, with new fridges/freezers
- Licensed 6am to 10pm on Sundays, and 6am till midnight Monday to Saturday
- Karaoke facilities
- General store
- 4 permanent live-in truck drivers generate $12k-$13k gross a month
- No experience needed - 4 excellent staff in place
- Regular and annually returning clientele
- 3-bedroom house with private yard, in-ground pool and large shed

The National Hotel was built in the Gold Rush years by WA Richardson, and has remained open ever since, being a popular stopover for tourists, miners and prospectors. With nothing more to spend, this is a potential-packed freehold investment that would suit a variety of buyers.

Freehold price: $940,000
Leasehold opportunity considered

Contact Seller

Logo

Coast to Coast Magazine
Buyer Matching Service
P: 1300 306 749

Bsale ID: 57150
CtoC ID: ctoc-sbus528




Similar businesses for sale that may interest you:

Beverley Hotel - Freehold & Business

Beverley, Coral Coast - Central, WA Business for Sale $525,000 PSAV

Hotel Freehold & Leasehold

Food - Hotels, Pubs, Bars, Liquor store | Accommodation, Tourism, Management Rights Bsale ID 64399
SOLD

Stirling Arms Hotel Guildford

Guildford, Coral Coast - Central, WA Business for Sale $250,000 PSAV

PRICE REDUCED!!!

Food - Hotels, Pubs, Bars, Liquor store Bsale ID 103320
SOLD

Gold Rush Motels - Coolgardie. Under Offer, Another Wanted

Coral Coast - Central, WA Business for Sale $1,700,000

Gold Rush Motels Coolgardie Vacant Possession or Leased Investment. 41 Units 2 Homes, Licensed Restaurant Two Motels Refurbished and Refitted to a Very High Standard

Accommodation, Tourism, Management Rights | Food - Hotels, Pubs, Bars, Liquor store Bsale ID 64387

Sign Up

Send this post to a friend