Business ID : 130
Under Offer/Contract $2,000,000 - Freehold + Business, Hotel/Motel
Hotel Freehold Going Concern
For sale is a well-established iconic landmark and hub for the community located in Lake Eildon. Boasting exceptional picturesque water and mountain views from the bedrooms, dining area and recently built outdoor decking area. This opportunity is not to be missed with the exciting and huge growth opportunities to make this business the go-to place in the area.
This opportunity ticks all the boxes for a keen developer to increase sales, functions (weddings, birthdays etc) and build further accommodation and add outdoor facilities including a children’s play area, BBQ area and a spa/swimming pool.
With an excellent chef, bar manager and key staff already in place you don’t need to be an expert in the hospitality industry to make this a thriving family business.
* 30 rooms with huge potential to increase to 45 plus rooms
* Surrounding land available for further build of accommodation and facilities
* Public bar with drive in bottle shop with potential to add a TAB facility (subject to necessary approvals)
* Dormant function room with the potential to add pokies (subject to necessary approvals)
* Large bistro dining area offering outstanding views
* Popular Tourist Location
* Opportunity to expand!
This business for sale is exclusively listed with Tower Business Brokers