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Accommodation & Tourism business for sale in Adelong

  • Accommodation & Tourism
  • Adelong NSW 2729
  • $60,000 (GST na)

CB1239 - Business For Sale - Accommodation Tourism Long established

Hotel - Leasehold - South West NSW
SBX Business Code: CB1239
Hotel leasehold with a single bar, heated by pot belly stove, and supplied by glycol system servicing 6 taps. - Bottle sales are from refrigerated display unit behind bar. -Separate area behind bar houses 2 pokies and new TAB installation. - A large entertainment room contains the pool table and juke box, and leads to the outside garden with stage and storage shed. - The restaurant opens Thurs. - Sun. providing lunch and dinner, and is outsourced on a week to week basis. - A 3 br managers residence is located upstairs with the guest accommodation, which comprises 8 rooms with separate facilities. - 42 seats inside - 18 seats outside.

Could install Keno. - Create website. -Target social media. - Update pokies. -Continue refurbishment. - Reintroduce management of restaurant.

Strong local support. - Good position. -Long established. - Interesting ambiance.

Older style 2 storey brick building with street frontage verandah and a total area of 2200 sq. mts.

Main street location in delightful town servicing a strong rural area in Southern Tablelands.

Trading Hours
7 days - Mon. - Thurs. - 11.00 a.m. - 8.00 p.m. - Fri. - 11.00 a.m - 12.00 a.m. - Sat.- 10.00 a.m - 12.00 a.m. - Sun. - 10.00 a.m. - 10.00 p.m.

New 5 + 5 year lease - 3% increases - Bond 3 months.

1 owner. + 1 casual.

Security is provided by extensive CCTV coverage with remote monitoring. - Memorabilia in bar remains property of local community. - Full potential still to be reached due some outdated infrastructure.
Weekly Sales $6500
Rent (ex GST) $850
Wages $600
Profit $2575

SBX Business Code: CB1239

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2012834077
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Last updated  9 Jun 2019
Map for Adelong NSW 2729Adelong NSW 2729
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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