60hl - A Money Making 35% Roi & Can Be Run Under Management

Business For Sale Yarrawonga, Victoria 3730

Business Category Hotel

REDUCED LEASEHOLD $1,195,000

Description

60hl - A Money Making 35% Roi & Can Be Run Under Management

- Weekly takings in excess of $72,000. With the last 6 months averaging over $72,000 per week, this is equivalient to a years wage.

- Central Hotel within walking distance to Lake Mulwala and town amenities.

- Healthy profit without gaming.

- Sports Bar with TAB.

- 20 well maintained ensuite rooms plus manager’s unit.

- Favourable lease terms – 27 years remaining.

- Ample car parking.

- Bar, bistro, beer garden, bottle shop, functions and catering.

- Staffing sorted - everything will run as is for new owners.

- 3 hours from Melbourne - hot tourist location year round.

- 4.5 rating on Trip Advisor.

Net Profit: $418,732 for 2020/21; $433,367 for 6 months to April 2022

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 60HL (quote when enquiring)

Property Code: 4103

Hotel Information

  • Restaurant Facilities: -
  • Liquor Licence: -
  • Restaurant: -
  • Lease: -

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Andrew Cronin

Bsale ID: 583147
Broker REF: tourismbrokers_50_88

Tourism Brokers
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