Savills Hotels offer The Collie Hotel for sale, a thriving pub in the heart of a highly affluent location. For sale by Hugo Weston of Savills Hotels.
Strategically positioned off the edge of the busy Oxley Highway, the famous pub runs as the only pub in town providing a one stop, food & beverage, accommodation and events destination for many locals, freight drivers, motorbike riders, holiday goers and tourists travelling Central West NSW.
With a popular reputation, social media precise and large merchandise outlet people come from all around the Australia to visit the famous pub. Hosting many events such as rodeos, car shows and live music concerts - the pub thrives off having no competition in the town and minimal competition within the wider radius.
The hotel features a bar & restaurant as well as four renovated country style rooms at the rear of the property. Being a family friendly venue, the offer includes pool tables, 2 x beer gardens, a kids playground and access to tennis courts. The sale includes an optional separate rental home for potential owners/managers which has three well-sized rooms and large open living areas.
The strategic location adds to year-round consistent trading with seasonal farm workers/contractors, solar and wind farm labour, and the new inland rail commencing imminently – bringing many workers to the immediate area for an extended period of time. The constant demand for accommodation, the land availability and the long-term growth of the area highlights the upside potential for development of additional motel rooms for guests.
Strategically located off the busy Oxley Highway, the pub is in prime viewing for many tourist, truck drivers, bike riders, and locals travelling amongst the Central West of New South Wales. As one of the regions best known venues, the Collie Hotel is known locally as a ones top accommodation dining, entertainment and events destination.
The pub is surrounded by many prosperous farming businesses and stations, acquiring many staff who work from season to season and use the Collie Hotel as a consistent food, beverage and accommodation destination. With weekly events including live sport viewing, raffles, and being local sporting team’s “clubhouse”, the pub conveniently stands as a central community hub.
The pubs trading figures have shown a rapid growth over the past years with results going from strength to strength. Throughout the Covid-19 downturn, the current ownership were surprised to see the numbers remain high, with the option to have takeaways and opening allowances. As the region ventured out of the pandemic, the pub has seen numbers at their very best, soring well above anything in their history books and each year showing a rapid increase in the financial statements.
The hotel has shown year-on-year growth and also traded well through Covid-19. The adjusted turnover for the most recent financial year exceeded $1,800,000 million, being well in front of last year’s turnover of $1,475,406 and an adjusted net profit of $334,020.
With its affluent trading reputation, minimal operational cost and popularity amongst central west community, the asset is perfect for any astute investor and/or owner occupier to add to their portfolio, creating a passive investment with rapid cashflow amongst immense generational wealth says Hugo Weston.
The asset is offered for sale via immediate private sale.
The Savills Hotels Team invite all parties to participate in the sales campaign to acquire this once in a generation opportunity. For any further information or to arrange an inspection, please don’t hesitate to contact the exclusive sales agent Hugo Weston of Savills Hotels.
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