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Bars For Sale in Kalgoorlie East Wa WA

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Broken Hill Hotel Boulder Freehold Or Lease

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Location:Kalgoorlie, East Wa, Western Australia

Category:Bar and Gaming, Bottle Shop, Restaurant

Asking Price:$350,000 Lease (F/H

350000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease
  • Broken Hill Hotel Boulder  Freehold Or Lease

Business description

This outstanding completely refurbished property has been owned and operated by the same couple for over 10 years. Due to serious ill health necessitating long periods of hospitalisation they can no longer continue to run the business and so reluctantly they must now sell the business.

Features of the hotel include:

  • Two well appointed bars (public bar and lounge bar) each with their own separate toilet facilities
  • TAB with separate access from outside of hotel 
  • Compact bistro / restaurant
  • Well appointed kitchen
  • Drive Thru bottle shop with large cool room and easy access/egress
  • Beer garden with separate toilet facilities and band stand area and separate bar
  • Accommodation including 6 ensuite rooms
  • 1.6m x 3.2m double sided digital sign board to front of hotel
  • On site MuzzBuzz Express coffee store

Features of the business include:

  • substantial gross revenue circa $2.0m per annum
  • strong bar sales
  • above industry gross profit margins in bottle shop
  • attractive net returns to owner operators
  • strong TAB revenue

Lease Terms include:

  • Initial Term: 10years
  • Optional term: 1 x 5yrs
  • Commencing Rent: $75,000 per annum (+GST) 

An excellent chance to take over this well presented highly successful business.

Lease available for $375,000 or Freehold $1,195,000

Other Information

  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franshise Terms: N/A
  • Reason For Selling: Due to serious ill health necessitating long periods of hospitalisation they can no longer continue to run the business and so reluctantly they must now sell the busines
  • Lease Terms: Lease Terms include: Initial Term: 10years Optional term: 1 x 5yrs Commencing Rent: $75,000 per annum ( GST) 
Ascend Corporate
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