Hotel & 6 Room Motel, doing over $1million a year.

Today, 1:55pm

Location:
Mirboo 3871 > Regional Victoria > Victoria

Investment level:
$250,000 (Negotiable) + SAV

Type:
Business

Industry:
Food & Drink > Pubs, Bars & Clubs

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Internal Ref: MSA 5032

Summary

Due to constant re-furbishment, and quality service and food, this hotel just keeps growing with customers and takings.

Revenue

$1,000,000 pa

Location Details

Located in prime position on the main street. Plenty of parking for customers.

Potential

This business just keeps getting busier due to the great job of management by the current Vendors. Opportunity to further grow the motel side of the business by some smart online & social media marketing.

Skills

Skills in hospitality would be preferred and a long, smooth handover period is available to incoming purchasers if needed.

Lease

21 year lease.

Reason for Sale

Due to health.

About the Business

The vendors have done a magnificent job on refurbishment, with a new fit-out less than 2 years ago.
A brand new - commercial kitchen, brand new toilets, new cool room, fully renovated bistro that seats 130 people, and a new bar.
There is also a area for the TAB, a courtyard and a bottle shop that is not currently utilised.
There is also 6 motel rooms that are clean and in great condition.
This place has plenty of room, and the rent is fantastic, at approx 4% of the takings per annum.
Cheap rent with a long 21 year lease.
May be extended with negotiation to the Landlord.
If you are experienced in hospitality, this is a solid financial opportunity to secure a very strong business improving year by year.
Takings are over $1 million a year, and improving.
Mirboo North has approx 3000 friendly locals who love their town.
And there is a 2 bedroom Managers residence as part of the property !!
This has a domestic kitchen and great size lounge.
As good as this business is, further opportunity to re-open the bottle shop as the liquor franchise
" Celebrations " was across the road and now has closed down.
Some social media marketing and a stronger online presence will improve the Motel room occupancy and further add to bottom line profits.
Currently no marketing is done on the Motel rooms.
This is one of the best country pubs on the market and Vendors only selling due to ill health.
An inspection is welcomed by potential operators and you will be impressed.
Quote MSA 5032 , and call Michael NOW !!! or submit an enquiry.

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