IS THIS THE BEST COUNTRY PUB IN WA?

Description

Business type: hotel, food and liquor venue

Location: high-growth residential and tourism corridor

Distance to major regional centre: approximately 15 minutes

Distance to beach: approximately 20 minutes

Trading history at location: since 1905

Asking price: $1,175,000 plus stock at value

Estimated stock value: approximately $50,000

Total asking price: $1,225,000

Business overview

Long-established hotel and food business operating in a growing regional catchment.

Food trade: multi-award winning

Customer demand: established

Management structure: in place

Liquor licence

Licence type: A Class liquor licence

Local competition under stated licence category: none

Town licence position: exclusive

Financial performance

2024 sales growth: 7.2%

Consecutive years of sales growth: three

2024 gross profit margin: approximately 60% of sales

Adjusted net profit to working owner: approximately $400,000

Stockholding: approximately $50,000

Food trade

Meals served: approximately 400 to 500 per week

Food reputation: award winning

Existing customer volume: strong

Operations

Owner involvement: four days per week

Venue manager: in place

Executive chef: in place

Daily management support: established

Lease

New lease: available

Rent level: approximately 4.1% of sales

Total lease tenure: up to 30 years

Freehold right of refusal: first and last right available

Location

Catchment: residential and tourism

Regional population growth: strong

Access to major regional centre: approximately 15 minutes

Beach access: approximately 20 minutes

Opportunity

Established regional hospitality business.

Strong food and liquor trade.

Experienced management team in place.

Long-term lease security available.