Ascend Corporate Phone : 08 9480 ****
Lance White
(08) ****

0413 ****


Broken Hill Hotel Boulder New Lease

Listing Id : 238050

Location : Western Australia - Kalgoorlie -East Wa

Category : Bars, Restaurant, Bottle Shop

Asking Price : 350,000.00 psav

Business description

This outstanding completely refurbished property has been owned and operated by the same couple forover 10 years. Due to serious ill health necessitating long periods of hospitalisation they can no longer continue to run the business and so reluctantly they must now sell the business.

Features of the hotelinclude:

  • Two well appointed bars (public bar and lounge bar) each with their own separate toilet facilities
  • TAB with separate accessfrom outside of hotel
  • Compact bistro / restaurant
  • Well appointed kitchen
  • Drive Thru bottle shop with large cool room and easy access/egress
  • Beer garden with separate toilet facilities and band stand area and separate bar
  • Accommodation including 6 ensuite rooms
  • 1.6m x 3.2m double sided digital sign board to front of hotel
  • On site MuzzBuzz Express coffee store

Features of the business include:

  • substantial gross revenue circa $2.0m per annum
  • strong bar sales
  • above industry gross profit margins in bottle shop
  • attractive net returns to owner operators
  • strong TAB revenue

Lease Terms include:

  • Initial Term: 10years
  • Optional term: 1 x 5yrs
  • Commencing Rent: $75,000 per annum (+GST)

An excellentchance to take over this well presented highly successful business.

330,000


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