Leasehold Country Hotel, Newborough, Gippsland

Leasehold Country Hotel, Newborough, Gippsland — Hospitality & Tourism · Newborough, Gippsland · Asking $220,000 · Revenue $390,000

Leasehold country hotel in Newborough, Gippsland, the only hotel in the town Recently refurbished with nothing further to spend Large liquor licence for 400 patrons with bistro, bars, lounge and beer garden Includes a five-bedroom residence Full equipment list and photos available Owner selling due to other work interests

DealProspect/Listings/Hospitality & Tourism

Leasehold Country Hotel, Newborough, Gippsland

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$220,000

Disclosed · AUD

Revenue

$390,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Leasehold country hotel in Newborough, Gippsland, the only hotel in the town
Recently refurbished with nothing further to spend
Large liquor licence for 400 patrons with bistro, bars, lounge and beer garden
Includes a five-bedroom residence
Full equipment list and photos available
Owner selling due to other work interests

How it compares

Hotels in Victoria · asking prices

In line with past hotels like it

Past hotels like it ask a median 0.48× revenue. On its $390,000 revenue, that points to about $187,000; reads like this are typically within 30%, so $131,000 to $243,000. It asks $220,000, inside that range.

Asking price: $220,00054% below the median of $480,000
Revenue: $390,000median is $1,326,000
Time listed: 128 daysno price change

Hotels in Victoria

Hotels for sale in Victoria (33) →

Listed

+5 in 30 days

Median asking

$480K

29 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread29 of 33 state a price

This listing · $220K

17%

31%

21%

10%

Under $100KOver $5M

Australia 87 · New South Wales 20 · South Australia 10 · Queensland 8

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