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Highly Profitable Leasehold Hotel with Food and Accommodation

Leasehold price: $360,000 neg + SAV

Snowtown, South Australia

Highly Profitable Leasehold Hotel with Food and Accommodation

The 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.

Extra features:
- 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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Last updated: 8th October 2016

Summary

Property Type
Business
Contract Type
For Sale
Location
 Snowtown
State
 South Australia
Price
Leasehold price: $360,000 neg + SAV
Category
  • Hotel

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Agency

Coast to Coast Media

Contact

Coast to Coast  Media

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