HBB Hodge Business Brokers

3 Tinonee Crt. Mackay  Qld. 4740

Phone (07) 49533861   0427 879 672 Fax: (07) 49530947

Email: mailto:peter@hbb.net.au

 

 

Reference Number       004

 

Hotel Freehold

Approximate Address                       West Of Rockhampton

Turnover                                           $261,195 + POKIES

Net Profit                                          $67,038

Asking Price                           $355,000

S.A.V (Stock at Valuation)              $20,000

Tenure of  Premises                         Freehold

Lease Term                                      N/a

Rental Cost                                      N/a

Business has operated for                Built In 1950

Present owners has operated for      3 Yrs

Normal Trading Hours                    10 Am To 12 Pm Except Sun 10 Am To 11 Pm

Number of Permanent Staff             2 Owners

Number of Casuals                          3 ( 40 Hrs Total / Wk)

Room Occupancy Rate                   20%

Extras                                              N

Residence                                       1 B/r Manager's Residence

No. Rooms , Sites or Units             6 Rooms

Restaurant                                      Counter Meals

Gaming Machines                           5 Machines

Pub Tab                                           No

Bottle shop                                      Over The Counter Bottle Sales

Land Size                                        4,058 M2

Type of Building Construction       Single Storey Timber

 

 

Comments:

 

The population of the town is Approximately 500, mainly Railway employees. The industries surrounding the hotel are mainly cattle properties and mines.

The poker machines (5 ) includes 2 digital re programmable.

The hotel has Pay TV,  2 cold rooms, beer garden & horse paddock.

 

Sales Break-up

Bars                      77%

Bottle Shop           5%

Food                     5%

Accommodation   1%

Pokies                 12%  about $53,000 / yr T/O