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Business ID BS8699

Reduced Price - High Plains Hotel & Alpine Lifestyle Change is For Sale - Mt Hotham/Dinner Plain, Vic

Adjusted Profit Under Management FY2018 $85k - Sale Price $430,000+SAV

This Hotel, Restaurant & Accommodation establishment is snugly situated in one of Victoria's premier tourist locations at Dinner Plain Village in the Victorian Alps and only 10 minutes from Mt Hotham. The owners have transformed it into 'the place to be seen’ during the winter skiing season as well as throughout the year for locals, visitors and organised or corporate groups to meet for dinner and drinks or to stay and relax in one of the cosy modern, self-contained apartments.

The Hotel High Plains currently operates Under Management. All revenue, expenses and employees are on record. It has a website, direct email, Facebook and Instagram to effectively promote and connect with its target audience.

* Adjusted income under management for FY2018 of $85,000

* Trading 7 days a week

* Venue trades 12pm-1am during winter & 5pm-11pm during summer

* Lunch and dinner is a contemporary Australian food menu, pizza and burger bar

* Consistent year-round patronage with a significant spike during the winter months

* Annually current weekly takings are $24,500 per week

* Over 47% of revenue is derived from beverage sales

* Rent is $1,480 per week

* Lease is current up to March 2023

* Indoor and Outdoor seating with capacity to 273 patrons

* Full-time manager with a team of well trained staff

* Premier tourist and sports location

The business would be suitable for an investor, partnership or a working 'hands-on' person/s who can combine a blend of energy and creativity with this exciting opportunity. The owners have been in the business for 5+ years and have decided to develop their other business interests.

A full and comprehensive profile for this business is available upon the signing of a confidentiality agreement. To learn more about this unique opportunity inquire today.

Asking Price: $430,000 plus Stock at Valuation. The owners would consider a Vendor Terms offer from qualified buyers.

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Business Sale Price:
$430,000 + SAV
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