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Accommodation & Tourism business for sale in Armatree

  • Accommodation & Tourism
  • Armatree NSW 2828
  • $1,200,000 (GST na)

CB1190 - Business For Sale - Accommodation Tourism Hotel - Takings $20,310 - Freehold Near Dubbo - Award Winning Nett $5,495 pw

Hotel - Freehold - Under Management - Central West NSW
SBX Business Code: CB1190
Freehold Hotel with renovated single bar, glycol system and four taps. - The bar has reverse cycle air conditioning, an open fireplace and has a area set aside for pool table, TAB when operating and jukebox. - Bottle sales are from fridge display behind bar and coolroom. - A small lounge with TV is utilised as a kids room and adjoins the dining room, which has an open fireplace, and is popular for the occasional meals and functions. - Accommodation comprises 8 upstairs letting rooms recently renovated, with separate facilities. - A guest TV lounge is available, and separate guest cooking facilities are provided near kitchen. - A portable coolroom is available for off site functions and hire. -A covered verandah at rear leads to the large lawn area which is used for large community functions. -100 seats outside - 36 seats inside.

Potential
Upgrade till system. - Install drop down blinds on rear verandah. -Increase evening meal availability. - Upgrade kitchen.

Features
Very loyal community support. - Unopposed position. - Well maintained. - Huge demand for home made pizzas.

Premises
Attractive 2 storey double brick premises with well maintained verandah and large yard containing 3 bay workshop and storage shed and a total area of 8000 sq.mts.

Location
Central position in small village in centre of very strong rural area with good access to larger towns.

Trading Hours
12.00 am License. 7 days - Opens 12.00 p.m. - as required.

Lease
Freehold.

Employees
2 owners + 3 casuals. (Under management from Oct.,2020)

Comments
Misc.-1-Merchant fees $100 -Cleaning/Laundry $100 - Misc.-2 - Live entertainment $720 Security $200 - Laundry done on site. - Ice storage equipment, pool table and jukebox remain property of supplier. -Freight and cartage not included in financial profile. - Solar power supplies HWS. - Hotel maintains a supply of basic food items for sale - Thursday night is pizza night when 100 plus are made and refrigerated. - Equipped with alarm system- Managers quarters 1 bedroom. - DA approval granted for 10 caravan sites. - AHA Best Country Hotel 2018.- Arrangements completed for hotel to be operated Under Management from October, 2020.
Figures
Weekly Sales $20310
Rent (ex GST) $0
Wages $3070
Profit $5495

SBX Business Code: CB1190

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Business Highlights

Business ID2011924532
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Last updated  4 May 2021
Map for Armatree NSW 2828
Map for Armatree NSW 2828Armatree NSW 2828
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Business Highlights

Business ID2011924532
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  4 May 2021
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P.o. Box 19, Crows Nest NSW 2065
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