Terang, Victoria
A RIPPER PUB PERFOMING EXCEPTIONALLY WELL - 103HL
SOLD
Business Description
Looking for a country lifestyle which offers affordability, flexible working arrangements and a chance to mix with the locals in this charming country town?
A solid foundation for the new operator to continue the success of this popular hotel.
With a three-bedroom residence, eight letting rooms, Bistro, Function centre and main bar, and outdoor entertaining area with ample parking off street, this is an opportunity not to miss.
On offer is very reasonable rent and solid sales, and for you to make your mark on this rare Leasehold country hotel.
Call Tourism Brokers today for more information.
Net Profit: $198,121 for 2019/20
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 103HL (quote when enquiring)
Property Code: 4606
Business Summary
Key Investment Insights
1. The business for sale is a popular country pub with a solid foundation and strong sales.
2. The pub includes a three-bedroom residence, eight letting rooms, bistro, function center, main bar, and outdoor entertainment area.
3. The business offers affordable rent and a chance for the new operator to make their mark.
4. The net profit for 2019/20 was $198,121.
5. The business is located in a charming country town with a relaxed lifestyle and opportunities for flexible working arrangements.
6. The pub has a loyal local customer base and is a popular spot for tourists.
7. The sale includes all necessary equipment and furnishings.
8. The business is being sold through Tourism Brokers.
9. Property ID: 103HL (quote when enquiring).
10. The business presents a great opportunity for someone looking for a country lifestyle and a chance to mix with the locals.
11. The pub has a strong reputation and is performing exceptionally well.
12. The sale includes a three-bedroom residence, providing the new operator with the opportunity to live on-site.
13. The pub has a variety of revenue streams, including accommodation, food and beverage sales, and functions.
14. The business has potential for growth and expansion under new management.
15. The asking price is reasonable and reflects the current market value of the business.