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111-year-old Federation Motel-hotel For Sale Or Lease - Two-storey Corner Building - Beautiful Wa Location - Annual Turnover Over 1mill
Advert Id: 301420Location:Moora, Perth, Western Australia
Category:Hotel Motel B and B, Hospitality and Tourism, Accommodation
Asking Price:$830,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Here is a truly once-in-a-lifetime opportunity that has the potential to turn the fortunes of hospitality-driven investors. The well-known Drovers Inn hotel in Moora, WA is up for sale along with all the equipment. The high-yielding property has been generating stable profits and is highly popular for its accommodation, bar, restaurant, takeaway and bottle shop. The double-storey building covering 2,475Sq m has been welcoming patrons for the past 111 years and has been frequently refurbished to suit the changing tastes. It is a not-to-be-missed opportunity for individuals planning to own an iconic business in a beautiful town site.
Located on the wheat belt town site of Moora in Western Australia, the hotel is only 146km away from the Perth CBD. Positioned close to the Town Central, the corner-side property is bang opposite the post office and the site of the old Railway Station. The brick and corrugated roof structure includes top floor verandas and ground floor colonnades. The property consists of a historic two-level 16 room hotel and a detached 8-room motel. The hotel enjoys high visibility from its two-street frontage and corner location.
Well-appointed with premium furnishings and fixtures, the property includes a beer garden, brick linen store, on-site open car parking and laundry. The sale covers all the equipment required to operate the business along with one UTE and one forklift. Its spacious restaurant and bar can accommodate 130 guests inside and 150 outside on packed days. The business can be easily run with its five well-trained employees.
With liquor license, top ratings on Trip Advisor and an increasing guest list, the business has become an important landmark in the vicinity. The quaint location makes it an ideal tree-change opportunity for business-minded individuals planning to carve a niche in a developing marketplace.
Features of the Business
- Historic Federal hotel/motel in Moora, WA
- High exposure two-level hotel with 16 single and double rooms and a detached 8-room motel
- Trading for 111 years with far-reaching popularity
- Multiple revenue streams - bar, hotel, accommodation, bottle shop, restaurant, takeaway
- Includes all the equipment, furniture, fixtures, 1 UTE and 1 forklift
- Three full time and two casual employees and a website in place
- Annual turnover of $1.2 million with stable profits
This incredible business opportunity is the best deal to come on the market in a long time and is primed for growth under the right buyer. The heritage, goodwill, staggering turnover, central location and development of surrounding areas – all make it worth every dollar of your investment. So, hurry up and call on the number above TODAY for a confidential discussion.
Other Information
- Seller Name : Chris Papas
- Phone : Click here for phone number
Once you register as a Buyer you will be able to access all the phone details and many more features
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