Historic Royal Oak Hotel, Ballarat

Historic Royal Oak Hotel, Ballarat — Hospitality & Tourism · Ballarat, Victoria · Asking $450,000

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…

DealProspect/Listings/Hospitality & Tourism

Historic Royal Oak Hotel, Ballarat

Hotel

ActiveHospitality & TourismVictoriaB2C

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Asking price

$450,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

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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

Hotels in Victoria

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Listed

+25 in 30 days

Median asking

$720K

36 priced

Median revenue

$2.8M

5 disclose

Earnings multiple

5×

212 listings

Time listed

41d

6 tracked

Price drops

in 30 days

Asking price spread36 of 44 state a price

This listing · $450K

22%

14%

19%

14%

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

Priced like this one

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