Profitable Hotel - Stratford.
339 Broadway, Stratford, Stratford District
Ref No: STC01657
Price: $795,000 plus GST and SAV.
- 597 m2 Floor area
- 597 m2 Land area
This wonderful hotel business has been trading in Stratford for many years, and is arguably in its best condition ever! Both physically and financially.
The options available are either the lease or the Freehold Going Concern.
Ian and Judith have been the ultimate proprietors, taking the New Commercial Hotel to new heights.
The business boasts 5 income streams: bar, TAB, restaurant, 12 rooms for accommodation plus 9 gaming machines.
The owners have carried out some excellent maintenance over the past few years including painting the roof and double glazing of the windows including the accommodation rooms.
The commercial kitchen is fantastic, well set out and light, great work spaces and equipped for catering and meals.
The turnover continues to grow, and the figures will prove this is an excellent business showing very solid returns over a long period.
Very comfortable managers quarters, pleasant restaurant area and welcoming bar make this an enviable hotel operation.
This would be an amazing opportunity for a working couple.
Lease $250,000 plus GST if any and SAV.
Freehold Going Concern - $795,000 +SAV +GST if any
For an information memorandum and appointment to discuss, call today.