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Hotel Lease In Junee For Sale

Junee, New South Wales
Asking Price:
$30,000 (AUD)
Sales Revenue:
$275,000 (AUD)
Cash Flow:
$50K - $100K (AUD)

Ref. W. 645

Well known country town hotel an easy commute to Wagga Wagga (pop 68,000). Hotel has good local patronage, and is close to town swimming pool & sports centre, and very successful local industries.
Work and customer areas include main bar, bistro/ function areas, commercial beer garden with entertainment stage, flat and 4 guestrooms with outside access and much more. Great first hotel with entertainment potential.

Asking: $30,000 + stock
Rentals: $495 weekly inc GST, + outgoings
Fixed term lease.
Enquiries Peter , Neville

Property information

Real Estate:

Lease

Lease Terms:

Fixed term with options

Leasehold Rent:

$25,740 (AUD) per annum

Location:

In country town of about 4500 people on dominant corner site.

Premises Details:

Traditional old style 2 storey brewery hotel.

Business Operation

Expansion Potential:

Good with entertainment

Competition / Market:

Various

Reasons for selling:

Family

Employees:
Proprietor plus casuals
Years established:
1940s

Other Information

Support & training:

Provided

Inventory / Stock value:
$10,000 (AUD)

Contact Information

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