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The Royal Hotel, Parkes - Leasehold

Hotel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$70,000
Disclosed · AUD
Revenue
—
Earnings
—
Implied multiple
—

Brief

A leasehold country hotel in Parkes, NSW, with a public bar, dining area, commercial kitchen, a manager's residence and 13 motel rooms. Benefits from regional tourism events; a separate freehold purchase option is also available.

Listed
20
+3 in 30 days
Median asking
$695K
17 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread17 of 20 state a price
This listing · $70K
12%
53%
29%
Under $100K$1M–$2.5M

Australia 87 · Victoria 33 · South Australia 10 · Queensland 8

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44

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