Railway Hotel - 1p5887
Business For Sale Murchison East, Victoria 3610
Business Category Hotel Other Retail Pubs Restaurant
FHGC $950,000
Description
Railway Hotel - 1p5887
This iconic double storey hotel, known by locals as 'The East' was built in the 1930's and has been a permanent feature of Goulburn Valley area for both local and tourists. Conveniently located on the Goulburn Valley Highway, the hotel boasts a prominent corner block creating fabulous street exposure and a generous land size of approximately 6792m2 and a floor area of approximately 260m2.
The current owners purchased the Railway in 2017 and underwent a full renovation of the bistro, kitchen and public bar before reopening the doors to the public two months later. The public bar has been tastefully renovated with a beautiful rustic bar, tying perfectly into the hotel's theme. Along with a diverse range of beverages on tap the public bar is complete with TAB facilities and pool table. The hotel boasts a light filled spacious dining area, comfortable lounge (known as 'the waiting room) and a 16 seat private function room. The function room is popular with local groups and car clubs wanting a private meeting room.
The live music scene plays a major role in the Railway Hotel business. The hotel hosts regular free and ticketed events and draws well-known artists and tribute bands, including Adam Brand, The Screaming Jets and Gold Chisel. The enormous outdoor beer garden, stage and side entrance for ticketed events create the perfect atmosphere to enjoy the live music scene. The outdoor facilities include under cover dining, outdoor bar, 'beer van' and 9 hole mini golf course for patrons to enjoy.
This hotel also comprises a comfortable upstairs residence complete with lounge, kitchenette /dining area, 4 large bedrooms with spacious built-in robes, 2 bathrooms and private laundry facilities enabling the owners a seamless operation to live onsite and operate this expanding business.
The Railway Hotel is a must to inspect. With a 2022 financial year turnover in excess of $1,000,000 the Railway Hotel presents an outstanding opportunity for a new operator to expand and grow the multiple income streams the hotel has to offer.
The current owners purchased the Railway in 2017 and underwent a full renovation of the bistro, kitchen and public bar before reopening the doors to the public two months later. The public bar has been tastefully renovated with a beautiful rustic bar, tying perfectly into the hotel's theme. Along with a diverse range of beverages on tap the public bar is complete with TAB facilities and pool table. The hotel boasts a light filled spacious dining area, comfortable lounge (known as 'the waiting room) and a 16 seat private function room. The function room is popular with local groups and car clubs wanting a private meeting room.
The live music scene plays a major role in the Railway Hotel business. The hotel hosts regular free and ticketed events and draws well-known artists and tribute bands, including Adam Brand, The Screaming Jets and Gold Chisel. The enormous outdoor beer garden, stage and side entrance for ticketed events create the perfect atmosphere to enjoy the live music scene. The outdoor facilities include under cover dining, outdoor bar, 'beer van' and 9 hole mini golf course for patrons to enjoy.
This hotel also comprises a comfortable upstairs residence complete with lounge, kitchenette /dining area, 4 large bedrooms with spacious built-in robes, 2 bathrooms and private laundry facilities enabling the owners a seamless operation to live onsite and operate this expanding business.
The Railway Hotel is a must to inspect. With a 2022 financial year turnover in excess of $1,000,000 the Railway Hotel presents an outstanding opportunity for a new operator to expand and grow the multiple income streams the hotel has to offer.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
