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Hotel Lease In Boort For Sale

Boort, Victoria
Asking Price:
$88,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100,000 (AUD)

A country pub with character circa 1914, close to the town’s amenities including two lakeside areas. Boort is about an hour’s drive from Bendigo and Echuca and 258km from Melbourne in solid mixed farming country. Pub offers 5 cold beers on tap, drive thru bottle department, restaurant, bar meals, TAB with EBT, and a function room. Accommodation: 8 guest rooms plus proprietors 2 BR self- contained residence. Indicated 100% annual return makes this an outstanding opportunity.
Asking: $88,000 + stock
Rental approx. $800 weekly+ GST + outgoings.
14 years lease, further terms available.

Property information

Real Estate:

Lease

Lease Terms:

14 years lease

Leasehold Rent:

$40,000 (AUD) per annum

Living Accommodation:

Proprietor and guest accommodation upstairs

Location:

Main street location in solid rural community, close to recreational lakes.

Premises Details:

Circa 1914 2 storey building with upstairs accommodation, downstairs, bar, dining drive thru bottleshop

Business Operation

Expansion Potential:

Significant for energetic couple

Competition / Market:

One direct competitor

Reasons for selling:

Retirement

Trading hours:

Hotel hours

Years established:
1914

Other Information

Support & training:

Provided

Inventory / Stock value:
$20,000 (AUD)

Contact Information

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