1 Coonamble Street, Collie, New South Wales
30% Yield Pub Opportunity In The Heart Of A Highly Affluent Location
For Sale by way of Private Treaty
Business Description
• 30% Yield
• Untapped accommodation development potential
• Sponsored chef and managerial team in place
Strategically positioned off the edge of the busy Oxley Highway, the Collie Hotel runs as the ONLY pub in town providing a one stop, food & beverage, accommodation and events destination for many locals, freight drivers and tourists traveling Central West NSW.
With a popular reputation, social media presence and large merchandise outlet people come from all around Australia to visit the famous pub. Hosting many events such as rodeos, car shows and live music concerts - the pub thrives off having no competition.
The hotel features a bar & restaurant, large front and rear beer gardens, country style rooms sleeping 14 guests in total and a owners/manager’s residence which has three well-sized rooms and large open living areas.
The hotel has shown year-on-year growth, the turnover for the most recent financial year was circa $1,800,000.
The pub is a freehold going concern, there is a very reliable managerial team which is currently running the business and are happy to stay on. They have a sponsored chef on a 4 year deal who lives on site with head managers and 13 rotating bar staff. The managerial team go above and beyond, are reliable and very enthusiastic staff which suit the pubs character. The owners have set up the managerial team, so it’s essentially “hands free.”
Being literally the ONLY pub in that town, with no competition and being situated on the major highway, the pub thrives off the surrounding affluent environments of large cotton farms, cattle stations and the passing traffic of trucks and holiday goers. There is a wind farm and inland rail going in near the town in the coming 6 months which will bring additional clientele from contractors and maintenance workers for years to come. They are almost always booked out in accommodation with 99% occupancy rates year-round - there is plenty of land out the back to expand accommodation with cabins/motels to fulfil this constant demand (which was the owners next plans).
With its affluent trading reputation, minimal operational cost and popularity amongst the central west community, the asset is perfect for any astute investor and/or owner occupier to add to their portfolio, creating a passive investment with rapid cash flow amongst immense generational wealth.
Business Summary
Key Investment Insights
1. The pub has a high yield potential of 30%, making it a profitable investment opportunity.
2. There is untapped potential for accommodation development, providing an opportunity for further growth and revenue.
3. The pub has a sponsored chef and managerial team in place, ensuring efficient and reliable operations.
4. Located off the busy Oxley Highway, the pub is the only one in town, providing a one-stop destination for food, drinks, accommodation, and events.
5. The pub has a popular reputation and social media presence, attracting visitors from all over Australia.
6. The pub hosts various events, including rodeos, car shows, and live music concerts, which contribute to its success.
7. The pub has shown year-on-year growth, with a turnover of approximately $1,800,000 in the most recent financial year.
8. The pub is a freehold going concern, with a reliable managerial team in place who are willing to stay on.
9. The pub benefits from its location in an affluent area, with large cotton farms, cattle stations, and passing traffic contributing to its success.
10. The upcoming wind farm and inland rail projects in the area will bring additional clientele and potential for long-term growth.
11. The pub has a high occupancy rate of 99% year-round, indicating a strong demand for accommodation.
12. There is potential to expand the accommodation facilities on the property to meet the constant demand.
13. The pub has minimal operational costs, making it a low-risk investment opportunity.
14. The pub has a strong reputation and popularity among the central west community, making it a valuable asset for any investor or owner-occupier.
15. The pub has the potential to generate rapid cash flow and contribute to long-term generational wealth.
