67HL - 136 % Return on Hotel Leasehold Business
- Great central location
- Busy regional city
- Plenty of upside for the serious operator
- Operating without gaming
- Two busy dining areas
- Busy bar trade
- 30 rooms for overnight accommodation
- 3am Late licence
- Priced to sell, reasonable rent
- Current operators moving on
- 136 % Return on investment 2016/17
This business is for the motivated operator, plenty of room for improvement. Horsham is the largest city in the Wimmera wheat growing and sheep grazing district in western Victoria. It is located between Stawell and Dimboola, on the main highway linking Melbourne and Adelaide.
Horsham is a handy base to explore the region's nearby natural attractions. The northern extremity of the Grampians National Park is located 25 kms south-east of Horsham, while the Little Desert National Park can be accessed via a number of small towns to the west and north-west. Mount Arapiles, less than 35 kms west of Horsham via Natimuk, is widely regarded as one of the top rock climbing areas in Australia and is also a great location for bushwalking and camping.
Net Profit $203,863 for 2016/17
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 67HL (quote when enquiring)
Property Code: 2842
Hotel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -