Leasehold - Riverina Hotel, Holbrook Nsw - 1p0450

Rare opportunity to acquire a high turnover gaming hotel business!

Key Features:

* New lease offered to market direct from the landlord
* 5 GME on the floor within gaming room with smoking solution
* Gaming room upgraded (TITO & CRT)
* Additional & multiple income streams across food, beverage, bar & functions
* 18 x well-presented upstairs accommodation rooms
* Quality plant & equipment
* Competitive terms on offer
* Buyers yield of 35.5%
* GME threshold of 11 available to fill quota prior to 2026
* In final stages of DA approval for caravan park development providing further
upside to expand and further drive revenue
* Very well-maintained venue with new carpets and flooring throughout
* Currently operating under management with a strong and developed team in
place


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Contact Dan McDonald, the Exclusive Agent, direct at MHB for further information.