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DealProspect/Listings/Hospitality & Tourism

Tankerville Arms Hotel, Fitzroy

Hotel

ActiveHospitality & TourismVictoriaB2C
Asking price
POA
Disclosed · AUD
Revenue
Earnings
Implied multiple
n/a
Price includes the property

Brief

  • Freehold going concern inner-city gaming hotel on a high-profile corner block
  • Includes 49 electronic gaming machines with room for further growth
  • Public bar, dining areas, commercial kitchen, beer garden and upstairs function space
  • Approx. 1,085 sqm on dual street frontage, Commercial 1 zoning; on-premises licence with late trading

Hotels in Victoria

All 44
Listed
44
+25 in 30 days
Median asking
$720K
36 priced
Median revenue
$2.8M
5 disclose
Earnings multiple
212 listings
Time listed
41d
6 tracked
Price drops
1
in 30 days
Asking price spread36 of 44 state a price
22%
14%
19%
19%
14%
8%
Under $100KOver $5M

New South Wales 25 · Queensland 9 · Western Australia 9

Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77