Central West NSW
NSW
$575,000
Hotel - Freehold - Under ManagementPrice: $1,200,000Net Profit: $5,495 |
Visit this listing at https://www.sbx.com.au/business?id=CB1190 |
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Business Code: CB1190 Key Features: Hotel - Takings $20,310 - Freehold Near Dubbo - Award Winning Nett $5,495 pw State: NSW Suburb: Armatree, 2828 Location: Central position in small village in centre of very strong rural area with good access to larger towns. DescriptionFreehold 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 kid's 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. Summary
Weekly SummaryWeekly Takings (inc GST)$20,310Cost of Goods$9,450Gross Profit$10,860Wages$3,070Outgoings$20Telephone$90Insurance$690Electricity$375Misc1$200Misc2$920Total Expenses$5,365Estimated Stock (Additional)$25,000Net Profit$5,495Price$1,200,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Hotel - Freehold - Under Management
Business Code: CB1190
Price: $1,200,000
+ Estimated SAV $25,000
Key Features: Hotel - Takings $20,310 - Freehold Near Dubbo - Award Winning Nett $5,495 pw
State: NSW
Suburb: Armatree, 2828
Location: Central position in small village in centre of very strong rural area with good access to larger towns.
Description
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 kid's 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.
Summary
- Features: Very loyal community support. - Unopposed position. - Well maintained. - Huge demand for home made pizzas.
- Potential: Upgrade till system. - Install drop down blinds on rear verandah. -Increase evening meal availability. - Upgrade kitchen.
- 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.
- 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)
- Sale Reason: Spend more time with young family.
- Comments: Misc.-1-Merchant fees $100 -Cleaning/Laundry $100 - Misc.-2 - Live entertainment $720 Security $200 - Laundry done on site. - Ice storage equipment, pool table and jukebox remain property of supplier. -
Freight and cartage not included in financial profile. - Solar power supplies HWS. - Hotel maintains a supply of basic food items for sale - Thursday night is pizza night when 100 plus are made and refrigerated. -
Equipped with alarm system- Managers quarters 1 bedroom. - DA approval granted for 10 caravan sites. - AHA Best Country Hotel 2018.- Arrangements completed for hotel to be operated Under Management from October, 2020.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$20,310
Cost of Goods
$9,450
Gross Profit
$10,860
Wages
$3,070
Outgoings
$20
Telephone
$90
Insurance
$690
Electricity
$375
Misc1
$200
Misc2
$920
Total Expenses
$5,365
Estimated Stock (Additional)
$25,000
Net Profit
$5,495
Price
$1,200,000
+ Estimated SAV $25,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
