These 10 Hotels are Proving Popular with Business Buyers
These 10 Hotels are Proving Popular with Business Buyers
Experienced hoteliers are always looking for the next best opportunity. Whether it's a small country motel or a booming hotel for sale. On Bsale we are seeing an increase in the number of people looking for these accommodation opportunities.
There are currently $565 million motels for sale listings on Bsale. With an average price of $1.6 million this includes leasehold and freehold opportunities.
According to IBIS world, in 2022 the hotel and resort industry is worth $1.1 billion and has seen a 6.2% growth. Tourists and businesses are returning to this heavily struck covid restricted industry. With business conferences, weddings and travel all making a comeback now could be the time to invest.
We take a look at 10 of the most popular hotel and motel opportunities currently being viewed by potential buyers.
1. Hotel For Sale - Far North QLD
Price: $500,000 + SAV
The hotel is located in Tropical North Qld and is centrally located to all the key tourist attractions.
This Hotel was built in 1930 and still contains the features associated with this era such as timber lined walls, decorative timber scrolling, fretwork panels over the doors and very high ceilings. These features have been lovingly retained throughout the property.
The hotel has a large commercial kitchen with a dining room to seat 25 guests comfortably plus plenty of seating in the bar area and large alfresco garden.
This Hotel is available to host events, live music, functions, parties, weddings etc with a designated event bar this venue is able to hold the extra events and not impact on the main bar or it's patrons.
2. White House Hotel Leonora - WA
Price: $1,390,000 + SAV
This freehold and property business package has seen sales in 2022 of $2,300,000 (excluding GST).
This profitable enterprise is showing continued growth in revenue and profits. The town has further development & activity planned which is sure to increase trade!
This business has had the same owner for 24 years who is now retiring, with restaurant / bar / take-away sales and accommodation available for staff / owners. The property includes a public bar, sports bar, beer garden, dining room, kitchen & cool rooms, 2 offices, managers unit & staff accommodation with approximate building area of 1000sqm.
3. Buffalo Hotel for Sale - VIC
Price: Leasehold $275,000
Outstanding Alpine Valley Leasehold Hotel Business. Located in one of the most popular areas in the state, the Buffalo Hotel is the perfect opportunity in a sought-after alpine township!
Placed in the centre of picture-perfect Myrtleford, this area has seen a huge uptick in interest within the greater area over recent years. The Buffalo Hotel is a unique, standout leasehold business located right in the heart of town and has had some great improvements to the fit-out over the last 12 months.
The residence has seen a new kitchen fitted to add a level of comfort to the 3 x bedroom owners / management residence which is directly attached to the venue. Also boasting a recently added beer garden and deck area, busy public bar with the only TAB in town, ample bistro area and a large function room.
"The Buff" is complimented by its popular footpath dining space and a MASSIVE rear car parking area, perfect for buses and caravans that can`t fit out the front in the allocated public parking spaces.
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4. Commerical Hotel - TAS
Price: $2,500,000
A busy country hotel with Bar, Bistro, Cafe, Bottleshop & Accommodation. With the added bonus of development opportunity on the current land.
- long history of successful trading
- generates a consistent weekly turnover of $43,000+
- 2,800 sqm of additional land available for development (STCA)
- high volume bottle-shop and some accommodation.
This well-located hotel & cafe in the increasingly popular town of Cygnet is supported by locals and tourists. Well known for its mix of fresh produce, artists, musicians, and crafts. Providing day-trippers, locals, and tourists with quality food sourced locally in the dining room and separate cafe.
5. Hotel Freehold Price Reduced - WA
Price: $850,000
Well leased hotel (20 years total) available for sale reflecting a 9.55% return to the owner. Rent reviews include annual CPI adjustments and Market Reviews at the end of every 5th year. The tenant maintains the property and pays all direct outgoings, Property & Business Insurance, Local Government Rates, Land Tax (on single holding basis) and services.
A two-story building on a large 1012 m2 site with main street frontage and rear access and extra parking.
The Hotel has been fully refurbished, new roof, electrical wiring and plumbing, new kitchen with concrete floor, floor & wall tiles, exhaust system, new toilets, new bar and new furnishings and floor coverings throughout.
6. A Grande Country Hotel With Plenty Of Upside - VIC
Expressions of Interest
Country pubs are rising in popularity and this one is an absolute cracker. Currently the only food and beverage hotel in town operating, this hotel is set on a large corner block of 870 m2, with three street access in the heart of town.
Maintaining the properties period charm the hotel has retained stained glass windows, pressed steel ceilings and features a large main public bar area with a bistro, spacious lounge area, beer garden, and function rooms. This is a popular hotel with multiple income streams in a strong farming and tourist community. It was once a bottle shop but could easily be converted back.
- Large two storey brick veneer character hotel with pressed metal ceilings and stained-glass windows.
- A spacious front bar with wood fire and pool table which is popular with locals and tourists.
- Currently open 7 days a week for drinks and meals.
- 2 bedroom manager’s residence onsite.
- 8 lettable rooms, popular in harvest seasons and travellers.
Outdoor courtyard with beer garden and large function room with potential to open up a second kitchen, ideal for conferencing.
7. First Class Pub / Hotel Business - WA
Price: $2,250,000 + SAV
This business is in a monopoly location with a 21 year lease in place. There are multiple revenue streams available for the lucky owner in cluding accomodation, food, bar and weddings.
The rent is fixed at 5% of the revenue +GST.
There is a solid team of capable staff in place, who have a high function trade business running. This business os open for Breakfast, Lunch and Dinner 7 days a week.
This business has a fully documented financial history with sales from July 22- October 22 with $1,500,000 (ex GST) with net operating profits of $389,000.
8. Cricket Club Hotel - VIC
Price: Leasehold $65,000
This historic hotel was established in 1880 as a wooden building and in 1930 was reconstructed as the art deco building we know today.
This is the only hotel in town and offers a public bar, 2 dining rooms, excellent beer garden & 7 hotel rooms plus 2 bathrooms that could be a private residence or hotel accommodation (STCA). The bar and dining rooms were recently renovated.
There is ample storage and shedding on the large corner allotment, with lots of areas to different things, and create multiple stream of income. This hotel has a great layout once service point and is ready for a new team to make it their own.
Inspections will impress. Brand new lease, direct from the landlord and fair market rent - this is a golden opportunity, not to be missed.
9. Royal Hotel for Sale - NSW
Price: $1,300,000
Freehold Passive Investment Hotel Located in Regional Wine Country! An exceptional opportunity exists to secure this freehold passive investment hotel located in the heart of a vibrant regional centre with sweeping main street views!
This classic Australian hotel has been fully renovated with all the hard work done, ready for the savvy investor to reap the rewards. Ideally located adjacent to the Rutherglen wine region and accompanying trade, this impressive hotel is perfectly positioned within the heart of Corowa's robust local economy of tourism, business and agriculture and is well
supported by locals and visitors.
A beautifully presented venue, the Royal Hotel offers a first-class property inspection, fully equipped commercial kitchen with quality plant & equipment, and features multiple income streams across accommodation, dining, public bar, with multiple function areas, a spacious undercover beer garden, and a magnificent balcony with sweeping views of the thriving main street and seating for up to 200 people.
New tenant in place with a 30 x year lease - Rent @ $75,000 + GST per annum.
10. Iconic Country Hotel - Leasehold - WA
Price: $290,000 + SAV
The Wongan Hills Hotel is situated approximately 2 hours drive north of Perth, in the Shire of Wongan-Ballidu.
Today Wongan Hills is the centre of a prosperous wheat and sheep farming district. It is a modern, community motivated town with excellent medical facilities, shops, school, police, churches and many sporting facilities.
The Wongan Hills Hotel is a substantial and impressive complex consisting of:
- Lounge Bar Function Centre
- Public Bar
- Restaurant / Bistro
- Dining areas include the Civic Bar, Restaurant Dining Room or the Autumn Bar which is a quiet, non-smoking bar
- Bottle shop with substantial and well set out browse area
- Impressive reception foyer
- Art Deco Hotel rooms upstairs These are available in single, double, twin and family room configurations. Some rooms also offer access to the balcony which surrounds the front & side of the hotel
- The hotel can sleep up to 60 people.
- There is also a separate motel block consisting of 10 well-presented self-contained motel units
- Beer Garden and heated smokers area
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About the author
Catherine Mangana
Customer Support
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...
