Birchip, Victoria
ONE OF THE CHEAPEST PUBS IN VICTORIA - 121HF
REDUCED FREEHOLD $500,000
Business Description
- A Freehold Going Concern in the central Mallee.
- A large public bar, 100 seat bistro, beer garden, drive- thru bottle shop.
- 11 lettable rooms with shared bathroom facilities.
- Comfortable manager’s accommodation onsite.
- Multiple streams of income, ideal for husband and wife (one being a chef/cook).
- STCA extra rooms/cabins could be built on the large block.
- Motivated vendor.
Net Profit: $126,228 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 121HF (quote when enquiring)
Property Code: 4905
Business Summary
Key Investment Insights
1. The business for sale is a freehold going concern in the central Mallee, making it a desirable location for potential buyers.
2. The pub has multiple streams of income, including a large public bar, 100 seat bistro, beer garden, and drive-thru bottle shop, making it a lucrative investment opportunity.
3. The property also includes 11 lettable rooms with shared bathroom facilities, providing additional potential for income.
4. The onsite manager's accommodation adds convenience and potential cost savings for the new owners.
5. The large block of land presents an opportunity for expansion, with potential for additional rooms or cabins to be built subject to council approval.
6. The vendor is motivated to sell, potentially making this a good opportunity for negotiation.
7. The projected net profit for 2022/23 is $126,228, indicating a strong potential return on investment.
8. The business is ideal for a husband and wife team, with one person being a chef/cook, allowing for efficient operation and cost savings.
9. Interested buyers can contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
10. The property has a designated Property ID (121HF) and code (4905) for easy identification and reference.
