Buffalo Hotel. Myrtleford, photo 1
BROKER LISTING Sold Updated 19 Aug 2024

Buffalo Hotel. Myrtleford

Myrtleford VIC · Food & Drink · Hotel

Last asking price $195,000

Sold August 2024

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Welcome to The Buff.

In Beautiful Myrtleford.

The Gateway to the High Country

The only 7 day a week Hotel in the District

Our Bistro is open for Lunch n Dinner 7 days a week

We are the only TAB in the town

The Buff has 2 dining areas, an outdoor semi covered beer garden with a service window if required, we have a substantial bar area which includes 2 Pool tables and a jukebox, a small 10 seat nook for dinning and meetings,

We have a kitchen with most equipment new and well set up for the future

A 3 bedroom residence is part of the hotel, and large rear fenced yard, carport and more.

An inspection is well worth the trip.

Guidance provided before and during changeover

A 21yr lease is on offer, the landlord is pro-active in many ways.

We have taken this business out off Covid times and it is heading in the right direction and waiting for the next owner to go further.

Well staffed

22/23 turnover $ 1.2m approx and growing

No Goodwill will be included in the final sale price

Only Plant and Equipment

Allowing full depreciation

Some vendor finance available to the right buyer.

All reasonable offers considered

We are 30 minutes to Wangaratta ,45minutes to Albury.

1.5hrs To Mt Hotham.

The Phone Code for this property is: 16089. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner ( Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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