A Money Making 35% Roi & Can Be Run Under Management - 60hl
Business Sold Yarrawonga, Victoria 3730
Business Category Hotel
SOLD
Description
A Money Making 35% Roi & Can Be Run Under Management - 60hl
- 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
- 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
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
