Businesses for Sale

Buy your next business via bsale
My Account: Sign In

Busy Freehold Hotel plus Residence

Business for Sale
Delegate NSW

Whether you're seeking a successful family business, or an ideal self-managed super fund investment, you should take a look at this busy freehold hotel in Delegate. Located between the Snowy Mountain

Price Freehold price: $790,000

Busy Freehold Hotel plus Residence

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Whether you're seeking a successful family business, or an ideal self-managed super fund investment, you should take a look at this busy freehold hotel in Delegate.

Located between the Snowy Mountains and the Sapphire Coast, two hours south of Canberra, you'll enjoy easy access to both the coast and the snow.

The Delegate Hotel, built in 1926, occupies an excellent position on an established tourist route, reflected in a solid turnover between $850,000 and $1 million a year.

Comprises
- Excellent freehold investment
- Current owner has operated the business for 35 years
- Reputation for great food and friendly service
- 13 hotel rooms with shared facilities
- Easy to run hotel, with a single bar
- 4 poker machines, valued at $500,000
- Meals served at the counter or in the dining room
- Low energy heaters in all rooms
- Low energy LED lights throughout
- Solar hot water
- Private 3-bedroom owner/manager's flat
- 8 casual staff, with key employee happy to stay on and run hotel

Delegate is an historic town, with a good range of shops and services, a country club with an 18-hole golf course, and two parks.
The Delegate Hotel is well supported by locals, and also enjoys consistent bookings from workers and groups, making it a solid investment opportunity.

With the option of running the business yourself, or leaving a manager in place to do the hard yards, this is a solid investment that is sure to appeal to the savvy buyer.

Contact Seller

Logo

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

Bsale ID: 98135
CtoC ID: ctoc-sbus943




Similar businesses for sale that may interest you:

Hotel - Freehold - Investment - Development - Well known...

Wollongong - South Coast, NSW Business for Sale $1,250,000.00

Hotel - Freehold - Investment - Development - South Coast - Agent SBX Code Number: CB1276 Freehold hotel recently painted outdoors, with inviting bar operating 12 taps supplied by glycol sys...

Accommodation, Tourism, Management Rights Bsale ID 125864

Motel - Freehold - Development - Well established

Wollongong - South Coast, NSW Business for Sale $4,750,000.00

Motel - Freehold - Development - Snowy Mountains - Agent SBX Code Number: CB1283 Freehold motel with 22 units consisting of 4 x 3 bedroom villas, 5 x 2 bedroom villas, 2 x 2 bedroom apartments...

Accommodation, Tourism, Management Rights Bsale ID 137969
UPDATED

NSW South Coast in Sussex Inlet NSW

Sussex Inlet, Wollongong - South Coast, NSW Business for Sale $1.5 Million

This is the perfect sea-change! This solid 14-room, brick-construction motel includes a manager’s residence and is positioned in the heart of the ever popular and expanding south coast waterfron

Accommodation, Tourism, Management Rights Bsale ID 156685

Sign Up

Send this post to a friend