PROFITABLE LEASEHOLD - Hotel, Bar, Bistro & Accommodation
Just 30 minutes away from the large regional town of Mt Gambier, is the busy seaside town of Port MacDonnell and a stone's throw from the Victorian border and the town of Nelson. The Victoria Hotel is a classic "Aussie"pub, a profitable business and strong trading history, with great lifestyle included, offering a well established leasehold opportunity to get into the Hospitality industry in South Australia. It offers two options - as an investment property where the existing Manager and staff can work the business for you OR an opportunity to run your own enterprise, whilst living in this desirable location. - Port MacDonnell is well known as the Southern Rock Lobster capital of Australia - Excellent turnover of over $2 million and increasing annually - Lease with over 20 years remaining with renewal options available with extended Trading and Entertainment Consents in place - The Hotel is well set out and is easily managed by minimal staff - Well maintained plant and equipment - New shedding with security alarm system, for bulk storage of alcohol - Owned and run by a married couple with experienced staff on board - 15 modern Gaming Machines operating with good returns - Very strong Bottle Shop trad with drive thru facility and huge walk in Cold room - Separate Spirit storage room and another separate Wine store/cellar - Surveillance cameras in all areas - Busy restaurant open 7 days a week, with modern commercial kitchen - Previously awarded the Advertiser Good Food Award of Excellence - Strong Bistro and Front Bar Dining trade with seating for over 140 patrons - Includes Family size Managers onsite accommodation/residence - Comfortable accommodation with 10 updated rooms with forward bookings in place - ATM on site, TAB/Ubet Agency as well as Lotteries Agency operating - Little competition - the hotel is the largest venue in town - Supported by competition Darts and Eight Ball clubs every year - Live Entertainment and show together with regular monthly Jam and Open Mike sessions - Popular tourist destination, with large caravan park in town, shops, historic buildings, rugged coastline and beaches, dormant volcano, charter boat fishing, surfing, diving on wrecks, caves and water sports - Protected harbour sheltered by a large breakwater, with new jetty, boat ramps and moorings for over 50 commercial fishing vessels.
Since the current owners took over the lease of the Bay Pub over 5 years ago, the business has flourished and is trading profitably. The existing owners are ready to retire, so it's jump in quick and enjoy the benefits of running a lucrative business with benefits!
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Victoria Hotel/40 Meylin Street
Port Macdonnell 5291, South Australia