24 Collins Street, Jennacubbine, Western Australia
22383 Popular Country Tavern & Busy Steakhouse Restaurant - Fantastic Location
$700,000
Business Description
This iconic country tavern has been successfully operating in the community for over 20 years and now is the time to capitalise on its fantastic reputation!
Ideally located between Northam, Toodyay, and Goomalling in the Avon Valley, the tavern boasts one of the best country locations in Western Australia whilst being only 1.5 hour's drive from Perth.
Highly recognised and frequented by local regulars and tourists, the business is renowned for its famous steak, cold beer, and friendly atmosphere. With 10 fully self-contained accommodation units included in the sale, there are multiple streams of revenue for the new owner to take advantage of. Much of the accommodation is booked on longer-term contracts, giving security of income.
The sale includes the freehold as well as this great business, making the financing of this purchase highly desirable for banks.
Situated on 11 acres, there is huge opportunity for more accommodation units to be built as well as a caravan park. This would allow for massive growth in the business with customers staying extremely close to the tavern.
Consistently busy 7 days a week and always generating a healthy profit, this business is primed and ready for new ownership with a small team of skilled and qualified staff ready to ensure a smooth transition.
Key Features:
- Iconic tavern renowned for great food and service.
- Successfully operated for over 20 years.
- Highly accessible rural location.
- Frequented by locals and tourists.
Don’t miss out on this fantastic opportunity to live a relaxed country lifestyle whilst generating fantastic profits! To find out more, complete an online enquiry now.
Business Summary
Key Investment Insights
1. Well-established and successful business with a strong reputation in the community.
2. Prime location between Northam, Toodyay, and Goomalling in the Avon Valley.
3. Highly recognised and frequented by local regulars and tourists.
4. Famous for its steak, cold beer, and friendly atmosphere.
5. Multiple streams of revenue, including 10 self-contained accommodation units.
6. Long-term contracts for accommodation provide security of income.
7. Sale includes freehold, making financing desirable for banks.
8. Huge potential for growth with 11 acres of land for more accommodation units or a caravan park.
9. Consistently busy 7 days a week and generating a healthy profit.
10. Small team of skilled and qualified staff ready for a smooth transition.
11. Iconic tavern with a strong focus on great food and service.
12. Successfully operated for over 20 years.
13. Highly accessible rural location.
14. Frequented by both locals and tourists.
15. Opportunity for new owner to live a relaxed country lifestyle while generating profits.
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