The White House Hotel
Hotel
ActiveHospitality & TourismB2C
Asking price
$1,370,000+
Disclosed · plus stock · AUD
Revenue (est.)
~$1,488,315
Estimated · comparable listings of this type and size · typically within ±35%
Net Profit
$308,230
Implied multiple
n/a
Price includes the property
Brief
- Established in 1903, offering accommodation, restaurant, fully licensed bar and beer garden
- Freehold included in the sale
- Serves the local community, passing traffic and nearby mining communities
- Owner retiring after 26 years of ownership
- Excellent presentation throughout with onsite staff accommodation
- Benefits from substantial, long-term mining activity in the surrounding region
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