Frances Hotel Motel

Frances Hotel Motel — Hospitality & Tourism · Frances · Asking $1,250,000

Hotel motel located in Frances, a wealthy farming area near the Victorian border Offered as Freehold Land and Improvements including 5 gaming machine entitlements, plant and equipment, and hotel and gaming licences, or as a lease Motel comprises 3 family units and 8 twin units, plus guest laundry, common room and pergola Hotel includes front bar, large dining room, well-equipped kitchen, exterior…

DealProspect/Listings/Hospitality & Tourism

Frances Hotel Motel

Hotel

ActiveHospitality & TourismSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,250,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Hotel motel located in Frances, a wealthy farming area near the Victorian border
Offered as Freehold Land and Improvements including 5 gaming machine entitlements, plant and equipment, and hotel and gaming licences, or as a lease
Motel comprises 3 family units and 8 twin units, plus guest laundry, common room and pergola
Hotel includes front bar, large dining room, well-equipped kitchen, exterior shed with cool room and alfresco area
Features a 19.98kw solar system, Keno and Sky
Spacious owner's residence with own kitchen, bathroom, office, lounge and approximately five bedrooms
Fully fire rated and compliant

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Listed

active

Median asking

$923K

6 priced

Earnings multiple

2.9×

38 listings

Asking price spread6 of 10 state a price

This listing · $1.3M

17%

50%

33%

$100K–$250K$1M–$2.5M

Australia 86 · Victoria 32 · New South Wales 20 · Queensland 8

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