Leasehold Hotel, Newborough

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

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.

DealProspect/Listings/Hospitality & Tourism

Leasehold Hotel, Newborough

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$220,000

Disclosed · AUD

Revenue

$390,000

TTM

Earnings (est.)

~$105,378

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.1×

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.

More hospitality & tourism businesses for sale

Hotels for sale in Victoria (21) →