Home Business For Sale Historical Hotel And Tavern That Ticks All The Boxes

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Reference Number: bus5144

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Historical Hotel And Tavern That Ticks All The Boxes

Listing Price: SOLD

Western Australia

Perth - Greater

Sam Craven See all ads

+610478 832 601

Business Overview

HOSPO (a division of Benchmark Business Sales) are excited to bring to market one of Perth’s most iconic Hotels and Tavern. Built in the ealry 1900’s this building boasts character and historical value whilst the business turns a fantastic profit year upon year.

Business Snapshot:

Revenue: $5,199,870

Stock Value: $150,000

ROI: 35% p/a

Earning Type: EBITDA

Earning Type Value: EBITDA

Long 27 year lease remaining

Excellent return on investment

The Key Details:

Un-restricted hotel licence with drive through bottle shop

Under management with owners involvement very minimal (5hrs per week)

Excellent management team in place

Loyal customer base

Recently modernised accommodation

Ideal location for weddings and corporate functions

Well trained and experienced staff in place

Recent fit-out completed to both hotel and tavern

Massive demand for accommodation in the area

Strong barries for entry

Summary

With our current owners looking to move on this business is ready for the next chapter whether that be an investor within the industry, or an owner operator looking to take the wheel and grow to the next level. Don't miss the opportunity and contact our specialist broker today.

Sam Craven See all ads

+610478 832 601

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