A RARE OPPORTUNITY TO OPERATE A UNIQUE AWARD WINNING BOUTIQUE HOTEL & RESTAURANT
BALLARAT CENTRAL, VIC, VIC
Description
A RARE OPPORTUNITY TO OPERATE A UNIQUE AWARD WINNING BOUTIQUE HOTEL & RESTAURANT Established in 1909 and recognised by the National Trust, this grand lady was comprehensively refurbished in 2018, including a brand-new commercial kitchen, meaning that the new operator will be able to take immediate advantage of this full refit with little to no further expenditure. This dramatic and thoughtful overhaul has earned the hotel the TAA Best Boutique Hotel Award 2019, and finalist for the same category in 2020, 2021 and 2022, rightfully putting this magnificent hotel on the map of must-see destinations within easy reach of Melbourne. Luxuriously refurbished multi award-winning property 23 individually styled suites 55 seat restaurant with commercial kitchen Several stunning event spaces 18 years remaining on lease Very low rent-to-turnover ratio No expense spared or money to spend Property inspections are by appointment only
Financials
- Asking price
- $2,250,000
- Net profit
- —
- Revenue
- —
- Profit multiple
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- Revenue multiple
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Agent
Trudy Crooks
