Price
$269,000
Profit *
Refer to Broker
Sales Revenue
$964,000
Location
Phillip Island & District, Wonthaggi
Category
Accommodation/Tourism, Hotel
Listing #
ME03121
Currently for sale is a leading hotel and go-to destination pub in the South Gippsland area, specialising in live entertainment. The business is located on the busy main road in the heart of the town, making it accessible to locals and tourists alike. It is best suited for those seeking to start in the accommodations and entertainment industry through a secured investment opportunity.
*Affordable lease
*Hotel and liquor licences
*High-traffic location
*Live entertainment events
*Multiple opportunities for growth
*Extensive commercial kitchen
The business has all the required hotel and liquor licences, making the operational transition seamless for the incoming owners.
The pub is likewise known for being one of the leading destination pubs for locals and tourists in the South Gippsland region. The pub highlights its live entertainment capabilities, which attract crowds and allow for possible event collaborations as a supplementary income-generating resource.
The business also comes with an extensive fit-out in excellent working condition. The equipment includes an extensive commercial kitchen, endless under-bar fridges and freezers and a walk-in cool room that can accommodate day-to-day operations and high-volume events.
The hotel aspect of the business is composed of 16-room accommodations. Each room has one double bed, heating, free access to WiFi and more. The location also has ample parking space available for guests.
The acquisition opportunity also has room for further expansion under the right owner. Hosting significant events or forming partnerships with local bands or performers can provide additional earnings for the business. Improving the menu and food selections provides a new and refreshing identity for the pub and restaurant.
Contact Alam today and start your own successful business!
Listing ID: ME03121
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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