Desert Inn Hotel Laverton - For Sale

Desert Inn Hotel Laverton - For Sale

Stock Included: — Stock Value: 70,000

Years Est: 1902 Gross Revenue: —

Desert Inn Hotel Laverton - Leasehold  

Outstanding Monopoly Business Providing Essential Services 

·       Food And Beverage

·       Accommodation (24 Rooms)

·       Entertainment

·       Delicatessen / Takeaway

·       Sales In 2015/16 - $ 2,950,354

· Sales In 2017/18 - $ 3,562,777

·       Has Been Run Under Management For Last 7 Years

·       Ideal Opportunity For An Owner Operator To Generate Substantial Profits

·       If Industry Benchmarks Were Being Achieved With Regard To Cost Of Sales, Then With Total Sales In 2015/16 Being $ 2,950,354, Net Adjusted Profit Should Have Been In The Vicinity Of $650,000.

·       Current Management Package – Two Managers Each   6 Days Two Different Shifts $150,000++ This Is A Further Saving For Two Owner Operators.

·       Possible Vendor Finance For Qualified Buyers     

View the Picture Gallery and detailed Business Profile at 

http://www.fortune.net.au/listing/laverton-desert-inn-hotel/

 

Contact Phil Mulcahy 0418 689 423        

 

Additional Details

Years Established: 1902
Approximate Stock Value: 70,000
Property Size: 6635sqm
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No
Local Council: Laverton
Broker/Agent ID Number: PM