Busy Freehold Hotel Plus Residence

Industry: Accommodation/Tourism - Hotel | Listed by: No Agent Business
Key Strengths
About this business
Phone enquiries - please quote property ID 17100

Whether you're seeking a successful family business, or an ideal self-managed super fund investment, you should take a look at this busy freehold hotel in Delegate.

Located between the Snowy Mountains and the Sapphire Coast, two hours south of Canberra, you'll enjoy easy access to both the coast and the snow.

The Delegate Hotel, built in 1926, occupies an excellent position on an established tourist route, reflected in a solid turnover between $850,000 and $1 million a year.

Comprises
- Excellent freehold investment
- Current owner has operated the business for 35 years
- Reputation for great food and friendly service
- 13 hotel rooms with shared facilities
- Easy to run hotel, with a single bar
- 4 poker machines, valued at $500,000
- Meals served at the counter or in the dining room
- Low energy heaters in all rooms
- Low energy LED lights throughout
- Solar hot water
- Private 3-bedroom owner/manager's flat
- 8 casual staff, with key employee happy to stay on and run hotel

Delegate is an historic town, with a good range of shops and services, a country club with an 18-hole golf course, and two parks.
The Delegate Hotel is well supported by locals, and also enjoys consistent bookings from workers and groups, making it a solid investment opportunity.

With the option of running the business yourself, or leaving a manager in place to do the hard yards, this is a solid investment that is sure to appeal to the savvy buyer.

Freehold price: $790,000
print

  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
image image image image image image image image image image
Business Name / Ref #:
Contact Advertiser
Location:
Delegate
NSW
Asking Price:
$790,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
1300306.....
emailFriend
Embed

Advertiser Details

Sell Business. Pay no commission. EVER!
Location: 26 Station Street
Moorabbin, Victoria
3189, Australia

If you are interested in business like this, you should like:

Profitable Leasehold Hotel, Bar and Bist...

Phone enquiries - please quote property ID 16618 Boasting a turnover ...

Hotel - Freehold - Freehold - Profit $48...

Hotel - Freehold - Central West NSW - Agent SBX Code Number: CB1111 ...

Only Hotel Motel In Popular Tourist Area...

EXCLUSIVE TO CRE BROKERS Fantastic VIC Leasehold Hotel Motel For Sale...

Hotel - Freehold - Investment - Ve...

Hotel - Freehold - Investment - Central West NSW - Agent SBX Cod...

All Comments

Busy Freehold Hotel Plus Residence ListingImage
About this business
Phone enquiries - please quote property ID 17100

Whether you're seeking a successful family business, or an ideal self-managed super fund investment, you should take a look at this busy freehold hotel in Delegate.

Located between the Snowy Mountains and the Sapphire Coast, two hours south of Canberra, you'll enjoy easy access to both the coast and the snow.

The Delegate Hotel, built in 1926, occupies an excellent position on an established tourist route, reflected in a solid turnover between $850,000 and $1 million a year.

Comprises
- Excellent freehold investment
- Current owner has operated the business for 35 years
- Reputation for great food and friendly service
- 13 hotel rooms with shared facilities
- Easy to run hotel, with a single bar
- 4 poker machines, valued at $500,000
- Meals served at the counter or in the dining room
- Low energy heaters in all rooms
- Low energy LED lights throughout
- Solar hot water
- Private 3-bedroom owner/manager's flat
- 8 casual staff, with key employee happy to stay on and run hotel

Delegate is an historic town, with a good range of shops and services, a country club with an 18-hole golf course, and two parks.
The Delegate Hotel is well supported by locals, and also enjoys consistent bookings from workers and groups, making it a solid investment opportunity.

With the option of running the business yourself, or leaving a manager in place to do the hard yards, this is a solid investment that is sure to appeal to the savvy buyer.

Freehold price: $790,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$790,000

Login

New user Signup here

Signup or Login with