JLL Hotels & Hospitality Group, under instructions from the appointed liquidator Andrew Barnden of Rodgers Reidy, is delighted to exclusively offer for sale the freehold going concern interest in Empire Hotel in Cobar.

Located in the heart of Cobar, the single storey tavern style hotel enjoys excellent positioning with dual street frontage and impressive landholding of 3,127sqm. The hotel features a large public bar, bistro area, commercial kitchen and the town’s only drive through bottle shop.
Food, beverage, and bottle shop revenue streams combine to yield average weekly sales of over $47,000 ex GST providing an incoming operator the opportunity to secure excellent immediate cashflow.

‘The existing levels of revenue and ability to immediately capitalise on this income from inception will be sure to pique market interest, particularly for new market entrants’ quotes selling agent Edward Browne.

Nestled in the heart of the Central West of New South Wales, Cobar stands as a pivotal junction within the region. The town is strategically positioned at the crossroads of major highways, serving as a vital transportation hub for the surrounding region. Mining and agriculture are the core business drivers for the community with, which are complimented by an active traveller economy.

The freehold going concern interest in the Empire Hotel is offered for sale via expressions of interest closing Thursday 2nd of May 2024 at 12pm midday (if not sold prior). To receive further information, or to request an inspection, all interested parties are encouraged to contact the exclusively appointed JLL agents.

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