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Devenish Railway Hotel

Hotel

ActiveHospitality & TourismVictoriaB2C
Asking price
$550,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Price includes the property

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.
Listed
32
+4 in 30 days
Median asking
$478K
28 priced
Median revenue
$1.3M
6 disclose
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread28 of 32 state a price
This listing · $550K
18%
32%
21%
11%
7%
Under $100KOver $5M

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