Railway Hotel Murchison East
Business For Sale Railway Hotel, Murchison East, Victoria 3610
Business Category Alcohol Liquor Shop Hotel Pubs
Must visit, recently renovated business and freehold hotel
$950,000 + SAV
Description
Railway Hotel Murchison East
Railway Hotel Murchison East is a must-visit hotel when in the Goulburn Valley.
The business, known locally as “The East” operates from an iconic double storey building located on the Goulburn Valley Highway in Murchison East. Situated on a corner block, this historical building and corner location provide excellent exposure to passing road and railway traffic.
The vendors purchased the business in 2017, closed the doors and renovated the entire premises, reopening just two months later with a brand new and improved, modern, attractive look.
The Railway Hotel Murchison East boasts a beautifully renovated public bar, TAB services with easy bet terminal, well stocked bottle shop, attractive dining room, commercial kitchen, and large beer garden perfect for hosting private functions.
Live music plays a major role in the business. The Railway Hotel Murchison East provides regular live entertainment and features some great Australian artists and tribute bands. These regular live music events attract people from all over.
The business is owned and operated by a husband-and-wife team along with their son who performs a management role within the business. In addition to family, the Railway Hotel Murchison East employ five staff in a variety of roles.
The vendors live onsite in a 4-bedroom residence conveniently located on the top floor of the building. This is the ideal arrangement for an owner/operator wanting the convenience of residing on site and also presents a great opportunity for expansion.
The revenue for the Liquor Retailing industry, Horse and Sports Betting industry and Pubs, Bars and Nightclubs industry is forecast to increase over the next five years. This combined with the Regional Rail Revival including the recent upgrade to the Murchison East Railway Station, represents some excellent opportunity for growth.
The business, known locally as “The East” operates from an iconic double storey building located on the Goulburn Valley Highway in Murchison East. Situated on a corner block, this historical building and corner location provide excellent exposure to passing road and railway traffic.
The vendors purchased the business in 2017, closed the doors and renovated the entire premises, reopening just two months later with a brand new and improved, modern, attractive look.
The Railway Hotel Murchison East boasts a beautifully renovated public bar, TAB services with easy bet terminal, well stocked bottle shop, attractive dining room, commercial kitchen, and large beer garden perfect for hosting private functions.
Live music plays a major role in the business. The Railway Hotel Murchison East provides regular live entertainment and features some great Australian artists and tribute bands. These regular live music events attract people from all over.
The business is owned and operated by a husband-and-wife team along with their son who performs a management role within the business. In addition to family, the Railway Hotel Murchison East employ five staff in a variety of roles.
The vendors live onsite in a 4-bedroom residence conveniently located on the top floor of the building. This is the ideal arrangement for an owner/operator wanting the convenience of residing on site and also presents a great opportunity for expansion.
The revenue for the Liquor Retailing industry, Horse and Sports Betting industry and Pubs, Bars and Nightclubs industry is forecast to increase over the next five years. This combined with the Regional Rail Revival including the recent upgrade to the Murchison East Railway Station, represents some excellent opportunity for growth.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
