CRE Brokers are proud to be the exclusive listing agents for this impressive leasehold hotel.
A solid, profitable business with enormous potential for revenue growth, health issues have necessitated a quick sale.
Impeccably presented and with long lease terms on offer, this hotel presents the perfect opportunity for business partners or a family team to take to the next level.
Currently trading at minimum hours there is huge opportunity to increase revenue with multiple owners sharing the load or for the extended family wanting to work together.
The hotel has been serving generations of locals and has solid patronage. Recent transformation into a modern "foodies pub" offering a high quality food & beverage experience has attracted new clientele from further abroad.
The hotel offers versatility on a manageable scale with:
* Full glycol beer system
* Generous sized public bar and pool table
* Quality bistro seating approximately 70
* Private function room seating 45
* Undercover beer garden that can be utilised all year round
* Modern kitchen
* Huge off-street carpark
Ballarat is the fastest growing regional city in Australia this hotel is in a locale rapidly undergoing gentrification with an influx of relocating Melbournians. The hotel is well positioned to take advantage of regional growth including the planned 2020 Ballarat GovHub development which will relocate up to 1000 government employees in nearby Civic Hall.
With nothing to do, walk in and reap the rewards of someone else's hard work.
All reasonable offers will be considered.
