FREEHOLD PREMISES + HOTEL BUSINESS + 10 ACCOMODATION ROOMS + 3 SHOPS!
FREEHOLD PREMISES + HOTEL BUSINESS + 10 ACCOMODATION ROOMS + 3 SHOPS!
Industry :
Accommodation/TourismSub Industry :
HotelLocated 30/40mins* Cowra & Forbes, 1hr* Orange, 4hrs* Sydney
Here is a great opportunity to buy your own successful trading 'pub', and free hold premises, complete with 2 x separate titles, 10x accommodation rooms & 3 x shop fronts / house accommodation, all within the thriving farming area of Gooloogong with one of Australia's largest dairy's just down the road, which collectively employs 400 people. Gooloogong has a primary school, convenience store/fuels services, rural supply store and across the road, the Log cabin hosts annual balls/weddings and has been used for catered functions through the Hotel.
Key Features
* Freehold building, Circ 1911 trading hotel
* Substantial building, with large veranda's on the ground and upper level
* Charming country, main bar with red gum slab tables, pressed tin ceilings, wood fire, multiple open drinks fridges via a large cool room, 6x beers on tap, R/C air conditioned
* 2 x large formal dinning rooms, ideal for private functions and meals seating, both with open fire places and R/C air conditioning
* Casual seating area, located just off the main bar, along with a lovely large timber deck, children's playground and large fenced ground
* Industrial kitchen with a large 8 burner gas oven, deep fryer units, stainless steel benches, large coolroom, commercial dishwasher, large working sink and benches
* The lower level provides men's & ladies bathrooms
* Large outdoor parking via King street, covered veranda areas, elevated live music stage area and grassed lawn areas
* 10 x accommodation rooms are located on the upper level, with a great sized communal living/kitchenette area, with open wood fire. The upper level flows out to the large, wrap around veranda with great views and accommodates private functions
* 3 x separate shop fronts, facing Main Street/Lachlan Valley Way (3 x separate power meters), the owners current occupy the three shops as home accommodation with a private courtyard. This large area can either be used as a home 'as is' and or individual leased shop fronts.
* Substantial 105 solar panels fitted as an excellent energy cost saver, included with the sale
* Staff, Sarah & Peter + a variety of part time staff members (one has worked at the hotel for 15+yrs)
* Substantial roof area replaced, building is in great condition
Lot 1 /26 DP758462 (2,033M2) RU5 Village zone, Lot 2 DP655538 (1,016m2)
*approx.
FOR SALE $700,000
INSPECT BY APPOINTMENT
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$700,000
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Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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