Freehold hotel with gaming machines, Parkes
Hotel
ActiveHospitality & TourismB2C
Asking price
~$2,964,000
est. from 1× revenue · AUD
Revenue
$2,964,000
TTM
Earnings (est.)
~$613,844
Estimated · comparable listings of this type and size · typically within ±40%
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 (21) →Listed
21
+1 in 30 days
Median asking
$695K
17 priced
Earnings multiple
3.1×
36 listings
Price drops
2
in 30 days
Asking price spread17 of 21 state a price
29%
Under $100K$1M–$2.5M
Australia 83 · Victoria 30 · South Australia 10 · Queensland 8
Cafes 194 · Takeaways 114 · Restaurants 109 · Childcare centres 83 · Manufacturing businesses 49 · General retail businesses 48
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