Central West NSW
NSW
$575,000
Hotel - FreeholdPrice: $1,200,000Net Profit: $7,000 |
Visit this listing at https://www.sbx.com.au/business?id=CB1190 |
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Business Code: CB1190 Key Features: Great opportunity - Nets $7,000 p.w. State: NSW 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)$21,000Cost of Goods$9,500Gross Profit$11,500Wages$3,000Outgoings$500Telephone$100Insurance$575Electricity$300Gas$25Total Expenses$4,500Estimated Stock (Additional)$25,000Net Profit$7,000Price$1,200,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Hotel - Freehold
Business Code: CB1190
Price: $1,200,000
Key Features: Great opportunity - Nets $7,000 p.w.
State: NSW
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: 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
Weekly Takings
(inc GST)
$21,000
Cost of Goods
$9,500
Gross Profit
$11,500
Wages
$3,000
Outgoings
$500
Telephone
$100
Insurance
$575
Electricity
$300
Gas
$25
Total Expenses
$4,500
Estimated Stock (Additional)
$25,000
Net Profit
$7,000
Price
$1,200,000
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