Snowtown, South Australia 5520
Leasehold price: $360,000 neg + SAV
Highly Profitable Leasehold Hotel with Food and AccommodationThe Snowtown Hotel is a substantial business, in a substantial town, showing excellent returns for the current owner-operator.
This well presented two-storey property is located in the main street of Snowtown, a peaceful country town and large service centre, 146km north of Adelaide on National Highway 1. A thriving farming area, the town offers a school, kindy, banking, shopping, local industry and sporting clubs.
A very profitable business, the Snowtown Hotel comes with a long commercial lease, and all the facilities you would expect, including the main bar, lounge bar, 8 gaming machines, and beer garden.
As the only pub in town, it is also popular with diners, and features a large, attractive dining room, commercial kitchen and a function room. Coffee/tea-making facilities are available upstairs, with seating on the terrace, plus a continental breakfast area downstairs.
- 11 well presented public accommodation rooms (3 with ensuite) plus manager's flat
- Character building in excellent presentation
- Vendor finance available
Showing strong turnover and good profit, this would be an ideal investment for a couple, as it is currently run by the owner plus 2 casual staff.
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Business SnapshotPrice: Leasehold price: $360,000 neg + SAVTrial: no
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This listing last updated: 8th Oct 2016