Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Hotel Business , West Wyalong For Sale

West Wyalong, New South Wales, Australia
Asking Price:
$80,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

This hotel (circa 1096) - the oldest & arguably the best in West Wyalong is ready for a good operator to take this hotel to the highest level.
A magnificent 2 story hotel on the Newell Highway on the Southern approach to town with ample parking & street appeal.
Consists of Bar, Lounge, 35 seat dining room (trades 7 days week), commercial kitchen, outside bar, 4 guest rooms downstairs (need work), 11 rooms upstairs fully furbished (fully booked at listing) plus 2 BR managers flat.
A new 30kwh solar system helps lower his electricity bill.
The Lake Cowal gold mining area, in a recent press release, is advertising for an extra 600 workers in the area which bodes well for the West Wyalong hospitality industry.
This hotel lease will suit someone new to the industry or a shrewd person who can see the un-tapped potential of this business.
Present turnover is in the $20,000 to $25,000 per week range
The owner is local & keen to do business
10 year lease: $80,000 + stock
$1,400 week plus outgoings (bond required)

Property Information

Real Estate:

Lease

Lease Terms:

10 years bonded lease

Leasehold Rent:

$70,000 (AUD) per annum

Living Accommodation:

11 rooms upstairs fully furbished (fully booked at listing) plus 2 BR managers flat.

Location:

Main street and two highway location

Premises Details:

2 storey classic hotel

Business Operation

Expansion Potential:

Significant, this is a boom town

Employees:
Proprietor plus staff
Years established:
1920s

Other Information

Support & training:

Provided

Contact Peter Campbell Real Estate

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Peter Campbell Real Estate. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business