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Listing ID: 9173 ACCOMMODATION & HOTEL BUSINESS @ PT MACDONNELL FOR SALE
Description
Looking for a very profitable business with no competition in one of the most scenic regions of Australia
This opportunity has only come about due to the current owners retiring.
PRICE REDUCTION to $650,000 including a 22 year Lease in place. Turnover is in the vicinity of $2m each year and the monthly rental is approximately $14,750 with annual cpi increases.
Estimated stock holding is $100,000 but can increase with seasonal fluctuations.
The Victoria Hotel, Bay Pub to the locals, has been an institution in Port MacDonnell since it was built in the 1860's
The port is located in the South East of South Australia on the Limestone Coast and is an extension of the Great Ocean Road in Victoria. It is 28km south of Mount Gambier, the largest regional city in South Australia and a stone's throw from the Victorian border.
The popular Hotel (the only Pub in town) is well maintained and has recently been renovated
It is the largest venue in Port MacDonnell and a popular place for various functions in the local area
It has a sizeable front bar, bistro that seats 140 patrons, modern kitchen, drive-thru bottle shop, games room, Lotteries Agency including Keno, TAB/UBET Horse racing Agency, 15 very
lucrative modern gaming machines plus accommodation of 10 rooms with forward bookings in place
This purchase includes a large Managers residence, big enough for a family of 4/5.
This opportunity has only come about due to the current owners retiring.
PRICE REDUCTION to $650,000 including a 22 year Lease in place. Turnover is in the vicinity of $2m each year and the monthly rental is approximately $14,750 with annual cpi increases.
Estimated stock holding is $100,000 but can increase with seasonal fluctuations.
The Victoria Hotel, Bay Pub to the locals, has been an institution in Port MacDonnell since it was built in the 1860's
The port is located in the South East of South Australia on the Limestone Coast and is an extension of the Great Ocean Road in Victoria. It is 28km south of Mount Gambier, the largest regional city in South Australia and a stone's throw from the Victorian border.
The popular Hotel (the only Pub in town) is well maintained and has recently been renovated
It is the largest venue in Port MacDonnell and a popular place for various functions in the local area
It has a sizeable front bar, bistro that seats 140 patrons, modern kitchen, drive-thru bottle shop, games room, Lotteries Agency including Keno, TAB/UBET Horse racing Agency, 15 very
lucrative modern gaming machines plus accommodation of 10 rooms with forward bookings in place
This purchase includes a large Managers residence, big enough for a family of 4/5.
- Mobile No.
- Extra Information
- 0448 693 321
- ptmacpub@bigpond.net.au
-
With its rugged coastline and great fishing it is an attractive & popular seaside location which attracts plenty of visitors
A breakwater protected port that offers tourists a great holiday destination with beaches, jetty, harbour, superb boating, wind surfing, water sports and deep sea fishing plus those much sought after fresh crayfish, which entice visitors to come to Port MacDonnell for their annual pilgrimage to the coast.
This is a must see opportunity and prospective purchasers are offered a complimentary overnight stay (by appointment) to inspect the Hotel.
Further information and financial detail would be provided after confidentiality requirements have been completed
Email: ptmacpub@bigpond.net.au
Contact Details: Phone: 08 8738 2213 – (ask for Colleen)
Price: $650,000 Leasehold + S.A.V.