Port Germein Hotel - Freehold & Business

Port Germein Hotel - Freehold & Business — Hospitality & Tourism · Port Germein, South Australia · Asking Expressions of Interest

Freehold hotel and business in the historic seaside township of Port Germein, South Australia Main bar with a back-to-back saloon bar, walk-in bottle shop and games room with pool table Commercial kitchen, dining room and an outdoor beer garden Two gaming machines with entitlements included in the sale Guest rooms and owner/manager accommodation on the first floor Vacant land at the rear suited…

DealProspect/Listings/Hospitality & Tourism

Port Germein Hotel - Freehold & Business

Hotel

ActiveHospitality & TourismSouth AustraliaB2C

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Asking price

Expressions of Interest

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold hotel and business in the historic seaside township of Port Germein, South Australia
Main bar with a back-to-back saloon bar, walk-in bottle shop and games room with pool table
Commercial kitchen, dining room and an outdoor beer garden
Two gaming machines with entitlements included in the sale
Guest rooms and owner/manager accommodation on the first floor
Vacant land at the rear suited to future cabins and shedding, subject to consents
No prior hotel experience required; vendor training provided before settlement

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Listed

active

Median asking

$923K

6 priced

Earnings multiple

2.9×

38 listings

Asking price spread6 of 10 state a price

17%

50%

33%

$100K–$250K$1M–$2.5M

Australia 86 · Victoria 32 · New South Wales 20 · Queensland 8

Cafes 34 · Restaurants 25 · General retail businesses 11 · Hair salons 11 · Takeaways 10 · Building and construction businesses 9

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