Maryborough, Victoria
REDUCED! A Brand New Refurbished Hotel In The Heart Of The Goldfields - 148HL
REDUCED LEASEHOLD - $150,000 + gst
Business Description
- Your chance to show off your experience and customer service with this brand newly refurbished hotel in the thriving metropolis of Maryborough, central Victoria.
- Across the road from the infamous Maryborough train station, and in close proximity to the CBD, this hotel stands out as a new option for locals and visitors to the town.
- With all the hard work completed by the current owner, you can now walk into a fresh new start, showing off your new furniture, carpets, timber bench bar, lighting and comfortable lodgings.
- New 25 year lease PLUS 3 months free rent, with market rent of $130,000 plus GST with 2.5% annual increases.
- Plant and Equipment available for purchase - enquire for further information.
Contact Tourism Brokers to ensure you don’t miss out on this fantastic opportunity.
Adjusted Net Profit: $200,000 Projected
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 148HL (quote when enquiring)
Property Code: 5377
Business Summary
Key Investment Insights
1. Brand newly refurbished hotel in Maryborough central Victoria, with new furniture, carpets, timber bench bar, lighting and upgraded guest lodgings, presenting a turnkey opportunity.
2. Prime location directly across from Maryborough train station and close to the CBD, improving accessibility and potential foot traffic from locals and visitors.
3. New 25 year lease provides long-term tenure and operational stability for an incoming operator.
4. Lease incentive of three months free rent reduces short term cashflow pressure on takeover.
5. Market rent set at $130,000 plus GST with 2.5% annual increases, offering predictable cost escalation.
6. Adjusted net profit projected at $200,000, indicating potential for positive cash flow after rent.
7. Leasehold offered at a reduced price of $150,000 plus GST, reflecting a modest upfront investment to secure the business.
8. Business value listed as $0, indicating sale is leasehold only, not freehold property.
9. Plant and equipment are available for purchase, enabling a buyer to acquire operational assets if required.
10. All major refurbishment work completed by the current owner, allowing a new operator to focus immediately on service and revenue rather than capital works.
11. Positioned in the Goldfields region, which may support tourism and regional visitation as a demand driver.
