Freehold hotel with gaming machines, Parkes

Freehold hotel with gaming machines, Parkes — Hospitality & Tourism · New South Wales · Revenue $2,964,000

Freehold two-storey hotel in Parkes, New South Wales with nine gaming machine entitlements and average weekly revenue of approximately $57,000 across bar, bistro and gaming.

DealProspect/Listings/Hospitality & Tourism

Freehold hotel with gaming machines, Parkes

Hotel

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$2,964,000

TTM

Earnings (est.)

Implied multiple

n/a

Price includes the property

Brief

Freehold two-storey hotel in Parkes, New South Wales with nine gaming machine entitlements and average weekly revenue of approximately $57,000 across bar, bistro and gaming.

Hotels in New South Wales

Hotels for sale in New South Wales (20) →

Listed

+3 in 30 days

Median asking

$695K

17 priced

Earnings multiple

2.9×

38 listings

Price drops

in 30 days

Asking price spread17 of 20 state a price

12%

53%

29%

Under $100K$1M–$2.5M

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