Ad ID: 74170 Inactive
Hotel Motel Accommodation with Bar and Dining for Sale QLDEnquire about this "Hotel Motel Accommodation with Bar and Dining for Sale QLD" opportunity on aubizbuysell
Historical Ross Hotel Tasmania, circa 1835, thriving freehold going concern, Offers Over $895,000
Business for Sale Description
Hotel Motel Accommodation with Bar and Dining for Sale QLD Asking: $895,000Fine example of a convict 2 story sandstone hotel, a National Trust property, of significant historical value.
Located on the most prominent corner in Ross. Ross enjoys the honour of being the most photographed Tasmanian town. The central location of Ross for persons from all over Tasmania means the Ross Hotel is the logical point for meetings, seminars and training events.
Enjoying patronage from groups and organisation, who take advantage of the central position, meeting and function rooms.
Steeped in history, with many original features, decorated in keeping with its era.
The hotel comprises a public bar with a bottle shop and sports room off, the elegant dinning room can cater for 50 or more guests with views out to the beer garden.The ground floor accommodates the commercial well equipped kitchen, 2 meeting rooms and the function room known as the Antler room.7 guest bedrooms with varying bed configurations, a guest lounge and managers quarters, are located upstairs.
Under the existing professional management, an emphasis has been placed on providing quality meals and superior service, this has resulted in 4 out of 5 stars on Trip Advisor.The hotel has an excellent web site, with on line accommodation booking facility.
With the Tasmanian economy booming, tourism numbers are on the increase and Ross receives more than its share of tourists, the Midlands Highway upgrade has resulted in and will continue to see increasing vehicle numbers.The rural economy is buoyant, with irrigation widespread, new crops such as cherries and wool prices the best in 50 years, the success of the Ross hotel is assured.
There was an approval for a large function room of 220 m2 and a number of motel rooms, which lapsed some years ago, (stca) could be revived.
The magnificent sandstone building sits on a 3232 m2 block with landscaped gardens, raised timber decks, rose gardens, hedges and ornamental trees, with a soon to be developed council park on the northern boundary.The beer garden is serviced by two modern toilets.
The hotel has been trading very well, with the 2017 calendar year turnover advised by the owner to be in excess of $800,000, projected 2019 financial year turnover to be around $900,000, showing a profit in 2017 calendar year of $160,000
This is a hotel that any prospective purchaser should feel proud to lay claim to being the licensee,and the owner of one of the oldest hotels in Australia.
If you have been contemplating entering the business world and making the move to Tasmania, this brick and mortar opportunity offers security with profitable business. Vendor may offer some finance to approved purchaser.
Contact Paul Scott the Business Broker specialising in hotel and motel sales.
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND inquiries IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate