Published on 05/11/2015 by Punchmedia

Historic Hotel Awaits New Publican

Ever dreamed of owning your own hotel? It’s a bit like wanting to run your own cafe, we’ve all thought about it and have no doubt asked our family and friends on many occasions: How good would it be to own your own pub? This historic building and Gippsland Hotel, established in 1924, has presented a potential new publican with that very real and amazing opportunity. Located on a main road in this beautiful Gippsland town just 14 minutes from the newly completed Pakenham Racecourse this charismatic hotel is surrounded by rolling hills and well-established businesses. First established in the 1850’s and then later rebuilt in 1924 this iconic building is full of character, eye catching and most of all welcoming, according to listing agent Samantha Bray of Beyond Business Brokers. ``There has been some major works put into the business over the past two years which include a spruce up of the entire premises and the popular addition of a function room, wood fire pizza bar and most recently a beer garden complete with a stage for live entertainment,’’ Ms Bray explained. ``The business is fully licensed and is open six days per week for lunch and dinner and open late on Friday and Saturdays for live music and functions which provides a range of income options for its new owners.’’ Ms Bray said the top level of the building, which has two stories, was once used for accommodation and a live in area for previous owners however the current owner were currently using the space for office and storage. ``The current owner is open to look at improving the upstairs appearance if the new owners want to live on the premise or include accommodation services. ``They have made some fantastic changes to the business to date which has seen a steady increase of turnover each month. The vendor would really love to see the new owners take this business and reap the rewards of the new areas and increased trade options.’’ Ms Bray added that this kind of business was one that did not come up very often and urged those who have ever dreamed of owning their own hotel not to miss the opportunity to purchase this well known, loved and growing establishment.

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Curtis is a leading expert in the business-for-sale industry, serving as a senior content creator at anybusiness.com.au.

With a career spanning over fifteen years, Curtis has accumulated extensive knowledge in the domain of business sales, acquisitions, and valuations. His deep understanding of market dynamics and his ability to translate complex industry jargon into accessible insights make him a trusted resource for entrepreneurs and business owners looking to buy or sell businesses.

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