This hotel is one of Australia’s oldest tourist hotels that boasts a colonial atmosphere and character of old as well as having all of the modern facilities. The business is a favourite destination for locals and tourists and presents an outstanding opportunity for a couple or family to move to a tranquil setting and enjoy life. The current owners have spent more than $100,000 renovating the
hotel over the past two years and are currently renovating the upstairs area which can be easily leased as accommodation, with four bedrooms and two bathrooms. The property also has a large area that could be developed into additional accommodation which is well sought after in the area. This business is diverse in that it has a brand new caf, a restaurant with an extensive menu,
a public bar, an alfresco pool room with a deck and a large drive-in bottle shop.

STRENGTHS:

The business is an icon in the region and has been trading for more than 170years.
The vendors have spent more than $100,000 on the fit out over the past 2 years and continue to upgrade the facility. This business also includes a TAB, Keno facilities, a children’s playground, 3
function rooms, 8 Ball pool table and a drive-in bottle shop. The building has accommodation facilities upstairs which are being redeveloped to bring in additional revenue. The sale price includes all plant, equipment, fixtures and fittings. The sales revenue continues to increase each financial year with sales revenue for 2015 being more than $1 million. The liquor license extends to cover the entire property and the building can accommodate 160 patrons at any one time. The business forms part of a unique township which includes a post office, service station and road house, hairdresser, blacksmith and fire station.

FINANCIAL INFORMATION:

The financial summary will be provided to prospective qualified purchasers after a Confidentiality Deed has been signed and returned to Crest Business Brokers.

PURCHASER’S OPPORTUNITY:

This business presents an excellent opportunity to capitalise on an iconic