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DealProspect/Listings/Hospitality & Tourism

Family Hotel, Cootamundra

Hotel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$920,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

Brief

  • Freehold going concern hotel in central Cootamundra, NSW.
  • Income streams across accommodation, bar, TAB, bistro and functions.
  • 10 guest rooms, currently 100% occupied.
  • Accommodation demand driven by local employment and infrastructure projects.
  • 1-bedroom owner/manager residence and private swimming pool.
  • Indicative buyers yield of approx. 19%.
  • Situated on approx. 2,045m2 of Business zoned land.
Listed
20
+3 in 30 days
Median asking
$695K
17 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread17 of 20 state a price
This listing · $920K
12%
53%
29%
Under $100K$1M–$2.5M

Australia 87 · Victoria 32 · South Australia 10 · Queensland 9

Cafes 187 · Restaurants 114 · Takeaways 114 · Childcare centres 85 · Manufacturing businesses 47 · Wholesale and distribution businesses 45

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