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Hotel - Freehold - Under Management - Hotel - Sales $1,092,000 Pa Freehold Near Dubbo Nsw Award Winning Nett $7k Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$1,200,000 (AUD)
Sales Revenue:
$1,092,000 (AUD)
Cash Flow:
$364,000 (AUD)

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

Property Information

Location:

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

Business Operation

Expansion Potential:

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

Trading hours:

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

Employees:
2 owners + 3 casuals. (Under management from Oct.,2020)
Years established:
1929

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