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Railway Hotel In Murchison East For Sale

Murchison East, Victoria, Australia
Asking Price:
$950,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Railway Hotel Murchison East is a must-visit hotel when in the Goulburn Valley.

The Railway Hotel Murchison East boasts a beautifully renovated public bar, TAB services with easy bet terminal, well stocked bottle shop, attractive dining room, commercial kitchen, and large beer garden perfect for hosting private functions.

Live music plays a major role in the business. The Railway Hotel Murchison East provides regular live entertainment and features some great Australian artists and tribute bands. These regular live music events attract people from all over.

The revenue for the Liquor Retailing industry, Horse and Sports Betting industry and Pubs, Bars and Nightclubs industry is forecast to increase over the next five years. This combined with the Regional Rail Revival including the recent upgrade to the Murchison East Railway Station, represents some excellent opportunity for growth.

Property Information

Living Accommodation:

The vendors live onsite in a 4-bedroom residence conveniently located on the top floor of the building. This is the ideal arrangement for an owner/operator wanting the convenience of residing on site and also presents a great opportunity for expansion.

Location:

The business, known locally as "The East" operates from an iconic double storey building located on the Goulburn Valley Highway in Murchison East. Situated on a corner block, this historical building and corner location provide excellent exposure to passing road and railway traffic.

Premises Details:

The vendors purchased the business in 2017, closed the doors and renovated the entire premises, reopening just two months later with a brand new and improved, modern, attractive look.

Business Operation

Employees:
The business is owned and operated by a husband-and-wife team along with their son who performs a management roles within the business. In addition to family, the Railway Hotel Murchison East employ five staff in a variety of roles.