Euroa, Victoria
Beautifully Renovated Hotel in the Heart of Town
Expressions of Interest Closing 20 Jan 2023
Business Description
Proudly offered Exclusively by CRE Brokers for the first time in over 40 years, is the beautifully renovated Euroa Hotel.
Situated on 3,653 sqm of Commercial 1 zoned land and located at the foot of the Strathbogie Ranges in Ned Kelly country, the Euroa Hotel is now offered for sale by Expressions of Interest as a Freehold Going Concern.
This hotel is the complete package offering the only drive thru bottle shop in town, a large sports bar with TAB, an impressive bistro with seating for over 70 people and a newly renovated outdoor space with large attached beer garden.
Upstairs is the office and a 2 bedroom manager's residence and over 20 accommodation rooms that could add enormous income to an already impressive hotel.
A very consistent trading hotel with turnover in excess of $3 million make this hotel one not to miss!
Business Summary
Key Investment Insights
1. The Euroa Hotel has been owned by the same owners for over 40 years and is now offered for sale for the first time.
2. The hotel is located in the heart of town at the foot of the Strathbogie Ranges in Ned Kelly country.
3. The hotel is situated on 3,653 sqm of Commercial 1 zoned land, making it a valuable asset.
4. The hotel is being sold as a Freehold Going Concern, providing the new owner with the opportunity to take over a successful business.
5. The hotel offers a range of amenities, including a drive thru bottle shop, a large sports bar with TAB, a bistro with seating for over 70 people, and a newly renovated outdoor space with a large attached beer garden.
6. The hotel also has a 2 bedroom manager's residence and over 20 accommodation rooms, which could provide additional income.
7. The hotel has a consistent trading history, with turnover in excess of $3 million.
8. The location of the hotel, in a popular tourist destination, provides a steady stream of customers.
9. The hotel has been beautifully renovated, making it an attractive and modern establishment.
10. This is a rare opportunity to acquire a successful and well-established hotel in a prime location.
