Devenish Railway Hotel

Devenish Railway Hotel — Hospitality & Tourism · Devenish, VIC · Asking $550,000

Freehold going concern country pub established in 1884. Located on the Silo art trail, surrounded by farms. Current owner operators have worked the hotel over 20 years. Restored with timber bar, fresh paint and exposed brick. Takeaway coffee and scones nook plus a 40-seat dining area. Two open fires, wood heater, split system and evaporative cooling. Accommodation development opportunity in rear…

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Devenish Railway Hotel

Hotel

ActiveHospitality & TourismVictoriaB2C

View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

—

Earnings (est.)

~$155,244

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Freehold going concern country pub established in 1884.
Located on the Silo art trail, surrounded by farms.
Current owner operators have worked the hotel over 20 years.
Restored with timber bar, fresh paint and exposed brick.
Takeaway coffee and scones nook plus a 40-seat dining area.
Two open fires, wood heater, split system and evaporative cooling.
Accommodation development opportunity in rear rooms and yard.
Set on approx. 2,522m2 of Township Zoned land.

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