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Historic Royal Oak Hotel, Ballarat

Hotel

ActiveHospitality & TourismVictoriaB2C
Asking price
$450,000 + stock
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • Leasehold hospitality business in central Ballarat, in an 1866 heritage building, under the current owners for five years
  • Bistro with fireplace, public bar, commercial kitchen, cool room, freezer room and a recently renovated beer garden
  • Former stable building converted into a function space with its own bar
  • Four recently renovated upstairs accommodation rooms already let, plus three further bedrooms with flexibility for owner's use or added accommodation
  • Lease has approximately 20 years remaining
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 · $450K
18%
32%
21%
11%
7%
Under $100KOver $5M

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