Gladstone Hotel, Dookie

Gladstone Hotel, Dookie — Hospitality & Tourism · Dookie, Victoria · Asking $120,000

Leasehold country hotel in Dookie, the township's only hotel, servicing the local farming community Approx. 25 minutes from Shepparton, Benalla and Wangaratta; trade supported by the nearby University of Melbourne Dookie Campus Public bar and bistro plus two beer gardens, including an undercover area with pool table Upstairs manager's residence with eight bedrooms and two bathrooms, currently…

DealProspect/Listings/Hospitality & Tourism

Gladstone Hotel, Dookie

Hotel

ActiveHospitality & TourismVictoriaB2C

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Asking price

$120,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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Brief

Leasehold country hotel in Dookie, the township's only hotel, servicing the local farming community
Approx. 25 minutes from Shepparton, Benalla and Wangaratta; trade supported by the nearby University of Melbourne Dookie Campus
Public bar and bistro plus two beer gardens, including an undercover area with pool table
Upstairs manager's residence with eight bedrooms and two bathrooms, currently owner-occupied, with potential for guest accommodation
Currently run by the owner-operators

Hotels in Victoria

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Listed

+4 in 30 days

Median asking

$478K

28 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread28 of 32 state a price

This listing · $120K

18%

32%

21%

11%

Under $100KOver $5M

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