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.)

~$139,210

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.6×

Assumed · asking ÷ estimated earnings (as advertised)

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 $477,500
Revenue: $390,000median is $1,326,000
Time listed: 126 daysno price change

Hotels in Victoria

Hotels for sale in Victoria (32) →

Listed

+4 in 30 days

Median asking

$478K

28 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread28 of 32 state a price

This listing · $220K

18%

32%

21%

11%

Under $100KOver $5M

Australia 86 · New South Wales 20 · South Australia 10 · Queensland 8

Cafes 436 · Takeaways 315 · Restaurants 247 · General retail businesses 71 · Newsagencies 67 · Supermarkets 67

Get new hotels in Victoria by email

Free · no account · unsubscribe anytime

Priced like this one

Hotels for sale in Victoria (32) →