Yinnar Hotel

Yinnar Hotel

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Location Details :

Country

Australia

State

Victoria

City

Yinnar


Industry :
Accommodation/Tourism - Hotel ; Food/Hospitality - Restaurant ; Leisure/Entertainment - Bars/Nightclubs ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

First established in 1885, the Yinnar Hotel is the local food and drinking hub for the local community earning an owner-operator comfy six-figure returns. Rebuilt after a fire in 1914, the business was sold to a local co-op in 1972 and rented out to the current local operator.

The Yinnar Hotel is a classic and iconic community business. The current owner-operator took over in 2008 and passionately runs the business while ensuring the Hotel also gives back to the local community. The Hotel sponsors numerous local organizations, including local footy, bowls, and cricket clubs, ensuring that it remains the go-to hang-out for each new generation in the area.

The Hotel serves several vital functions in the community, firstly as a pub where locals can get an afternoon or evening drink at the bar or in the beer garden while enjoying a tasty pub meal. The Hotel also acts as a local bistro where families can go for a hearty restaurant-type meal and maintains a function room that locals can hire to host private events of up to 40 people. The Hotel also acts as a bottle shop selling alcohol, which is open 7 days a week and provides takeaway services.

The key features of the business are:

• Located in a prime position on the Yinnar main street

• A reputation established over a century of business exposure

• Attached to the Hotel is a 2-bed apartment

• Yinnar locals regularly enjoy special offers such as parma or steak night

• Multiple revenue streams with the hotel bar, bistro, function room (seats 40) and bottle shop open 7 days a week and providing takeaway services

What makes Yinnar Hotel Succesful?

Being located in a prime position on the Yinnar main street, the Yinnar Hotel is well known in the area for providing its patrons with great value food and drinks with fast service and a smile. With a reputation established over a century of business exposure, Yinnar locals enjoy special offers such as parma or steak nights which are advertised through the Hotel’s website and Facebook page.

Peak business occurs throughout the heart of the week; the hotel bar and bottle shop are open Monday to Sunday, while the restaurant only closes on Sunday and Monday. Two full-time kitchen staff are a part of the team, with casual staff members helping to support the restaurant and bar operation.

Attached to the Hotel is a 2-bed apartment, suitable for an owner to utilize personally or rent out as an additional income stream. (Currently being refreshed and painted.)

Finally, two mentions for the pub are the extensive Parma menu, rolled out on special “Parma Nights” (always a highlight, with people travelling for miles to enjoy the vast selection). And secondly, we best not forget the pub cat! A prospective owner also might consider offering live music regularly, running events, or other special menu days to keep the locals looking forward to an evening at the Yinnar Hotel.

If you want to invest in a local community pub with plenty to offer with its beer garden, bistro, and bottle shop, please enquire now.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Summary.

Asking Price: $250,000 + S.A.V.

Finn Business Sales
thefinngroup.com.au
1300 535 932

Broker: Chris Capponi
0466 235 726
chris.capponi@finnbusinesssales.com.au

*Images are used for advertising purposes. Actual business images may not appear.

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