Delegate, New South Wales
52HF - The Pokies Have Gone - Make an Offer on a Simple Country Pub
SOLD
Business Description
- Exceptionally solid bar and accommodation business.
- Vendor has sold off the remaining pokies.
- Huge 3 bedroom spacious residence.
- Games Room with TAB facilities, pool table, dart board and music vending machine; monitors for Fox and Sky channels.
- Dining room provides seating for 30+ people inside and a further 60 outside.
- 13 rooms with a sleeping capacity of 30.
- Straight-forward operation, easily managed or a great starter.
- Well-located on established tourist route.
- Long term owner retiring. The current owner has operated the business for the past 30 years - plenty of potential to introduce fresh ideas.
- On about 7,474 m2 of land.
Recent improvements include:
- Low energy heaters in all rooms.
- Low energy lights throughout hotel.
- Building repainted.
- Hot water is supplied from roof-mounted solar panels.
Detailed property report available with financials and supporting documentation.
Local school well established and a true part of the community
http://www.delegate-p.schools.nsw.edu.au/home
Located in a picturesque country town between the Snowies and the Sapphire Coast, the Delegate Hotel is what locals and travellers alike recognise as a real country pub. The hotel operates a simple single bar, food is available at the counter or in a good-sized dining room, there is a games room and the weary can rest up in one of the 13 rooms.
Net Profit: $150,000 estimated - a return of 37.5%
Contact Michael Herringe from Tourism Brokers for further information or to arrange an inspection.
Property ID: 52HF (quote when enquiring)
Property Code: 1472
Business Summary
Key Investment Insights
1. Established business with a solid reputation in the local community.
2. Vendor has sold off the remaining pokies, making the business more sustainable and attractive to potential buyers.
3. Spacious 3 bedroom residence included in the sale.
4. Games room with TAB facilities, pool table, dart board and music vending machine, as well as TV monitors for Fox and Sky channels.
5. Dining room with seating for 30+ people inside and 60+ outside.
6. Accommodation capacity of 30 people in 13 rooms.
7. Straight-forward operation, easily managed by new owners or suitable for first-time business owners.
8. Well-located on an established tourist route, providing potential for increased business.
9. Long-term owner retiring, offering potential for new owners to introduce fresh ideas and grow the business.
10. Recent improvements including low energy heaters and lights, building repainting, and solar panels for hot water.
11. Detailed property report with financials and supporting documentation available for potential buyers.
12. Located in a picturesque country town between the Snowies and the Sapphire Coast.
13. Local school is well-established and a part of the community, providing potential for family-friendly business opportunities.
14. Estimated net profit of $150,000, offering a return of 37.5%.
15. Contact Michael Herringe from Tourism Brokers for further information or to arrange an inspection.
16. Property ID: 52HF (quote when enquiring).
17. Property Code: 1472.
