ASKING PRICE REDUCED – $600,000 o.n.o. (Owners looking to retire)
Victoria Hotel - The Bay Pub
The growing seaside town of Port MacDonnell is known as the Southern Rock Lobster Capital of Australia is located 28km from the large regional town of Mt Gambier. Port MacDonnell offers a fantastic lifestyle, fishing from jetty or breakwater, protected harbour with moorings for the Charter and Crayfishing and Tuna boats.
Sale by Agent: John Langford | Langfords Hotel Brokers
"This hotel is not just a lovely country pub but also a significant business as financials show." -Agent John Langford
For sale - Leasehold and Business
Looking for a sea change? Then go no further than the Bay Pub at Port MacDonnell. Run the business yourself, or leave it to the capable staff whilst you enjoy your great new lifestyle. Built in the 1860’s the Victoria Hotel is in great repair, so just walk straight in and start trading.
Genuine Vendor and realistic market value asking price which is negotiable. Very Impressive presentation and business profitability showing a great return on the investment, as per the Accountants financials.
Vendor will consider offers in the vicinity of $600,000 plus stock in trade at valuation. Monthly rental is $14,435.57 incl gst. Genuine sale, owners retiring after 20 years in the industry.
Little competition in town as it is the only Hotel and is the largest venue in town with 25 employees employed.
First licenced in 1862
15 poker machines operating
The main front bar with a popular open fire place, incorporates the TAB (Ubet) Horse Racing Betting Agency whilst Lotteries and Keno is located in the adjoining Games Room Bar with regular Eight Ball, Poker and Darts competitions
Good front bar meal trade for lunch and dinner 7 days a week
Undercover Drive Thru and walk in Bottle Shop with large Cold Room which is very well utilised showing good sales percentages
Superb ‘Shipwreck Bistro’ to seat up to 140 diners and was presented with the “Best Regional Development” when the Hotel was extended with the new Bistro and Kitchen in 2007
10 public bedrooms with good occupancy
Separate managers residence
Offering Leasehold and Business together with Lease renewals with Fixtures and Fittings and Goodwill plus Stock at valuation
Showing strong trade history and impressive profitability
Long lease of 22 years offered, including rights of renewals
Perfectly suited to a family, couple or sole trader with or without former hotel experience OR utilise the experienced Senior Bar Manager to take over the day to day running of the Hotel and staff training
The town has a fascinating sailing ship history and the hotel is well patronized by locals and SA and Victorian visitors and holiday makers.
Do yourself a favour and come down for a weekend, to see the potential of this Hotel investment. (Owners will arrange accommodation at no cost.)