Renovated Hotel with Accommodation, Glen Innes

Renovated Hotel with Accommodation, Glen Innes — Hospitality & Tourism · Glen Innes · Asking $700,000

Renovated hotel in a prominent corner location in central Glen Innes 8 fully renovated accommodation rooms Strong cash flow, popular with locals and visitors Commercial kitchen with new dishwasher and 2-bedroom manager's residence TAB facility and new fire alarm system Upgraded glycol system, compressor and cool room; 715sqm land area

DealProspect/Listings/Hospitality & Tourism

Renovated Hotel with Accommodation, Glen Innes

Hotel

ActiveHospitality & TourismNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$700,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Renovated hotel in a prominent corner location in central Glen Innes
8 fully renovated accommodation rooms
Strong cash flow, popular with locals and visitors
Commercial kitchen with new dishwasher and 2-bedroom manager's residence
TAB facility and new fire alarm system
Upgraded glycol system, compressor and cool room; 715sqm land area

Hotels in New South Wales

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Listed

+3 in 30 days

Median asking

$695K

17 priced

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread17 of 20 state a price

This listing · $700K

12%

53%

29%

Under $100K$1M–$2.5M

Australia 86 · Victoria 32 · South Australia 10 · Queensland 8

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