Business DescriptionHuge return on investment.
Very Successful Hotel & 6 Room Motel for sale.
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.