Leasehold Hotel, Newborough
Hotel
ActiveHospitality & TourismVictoriaB2C
Asking price
$220,000
Disclosed · AUD
Revenue
$364,000-$416,000
TTM
Earnings (est.)
~$100,974
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold country hotel in Newborough, Gippsland, Victoria.
- Refurbished in the last 12 months.
- Liquor licence for 400 patrons, 7.00am to 1.00am.
- Only hotel in Newborough, a town of approximately 7,000 people.
- Premises include a 5-bedroom residence, two function rooms, beer garden and billiard room.
- Bottle shop currently sublet; 467 square metres.
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