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DealProspect/Listings/Hospitality & Tourism

Tottenham Hotel Freehold Going Concern

Hotel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$679,000
Disclosed · AUD
Revenue
$988,000
TTM
Earnings (est.)
~$274,071
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
  • Freehold going concern of the Tottenham Hotel, approximately 140km west of Dubbo
  • Two-storey building with full wrap-around verandah on a prominent corner block of approximately 2,023sqm
  • Main bar, bistro, commercial kitchen, beer garden, 13 accommodation rooms and a three-bedroom manager's residence
  • Recently remodelled and repainted internally in keeping with the hotel's traditional character
  • Fully functional two-court squash centre offering an additional income stream or commercial lease
  • Solid trade across all departments with scope to add TAB and Keno