JLL Hotels & Hospitality Group is thrilled to offer for sale the leasehold interest in the Snow Goose Hotel, Adaminaby NSW. Affectionately known as ‘The Goose’, the venue presents as an unrivalled opportunity to acquire a high performing business with excellent cash flow and strong profit margins.

Positioned in the heart of Adaminaby, the Snow Goose Hotel is the jewel in the Snowy Mountains hospitality crown which is evidenced by the outstanding trading fundamentals inherent to the hotel. Average weekly sales are approximately $87,000 and include diversified trade from accommodation, food and beverage, takeaway sales and gaming income. The hotel comprises of 11 high performing gaming machine entitlements (of which 4 have recently been added to the floor), a total of 21 accommodation rooms, function areas and public bar. There is also an on-site managers unit which is currently leased to contract workers. The Snow Goose Hotel resides on a 2,446sqm site and can be accessed directly from the Snowy Mountains Highway. Publican Andrew Smith has engaged JLL Hotels Executive Greg Jeloudev and colleague Kate MacDonald to offer the leasehold interest to market via a Private Treaty process.

The Snow Goose Hotel was constructed in 1957 with the vision of being the central hub for Snowy Hydro Project workers. The building retains all of its original charisma and charm and is set to be the focal point for the local community for decades to come. Adaminaby is continuing to benefit from the Snowy Hydro 2.0 scheme, a nation-building renewable energy project that will provide on-demand energy and large-scale storage. The project involves linking two existing dams, Tantangara and Talbingo, which are situated approximately 25km north-west of Adaminaby. Strong local patronage coupled with the influx of Snowy Hydro contract workers provide a stable revenue source that is underpinned by excellent accommodation trade. Furthermore, it is predicted that Snowy 3.0 and 4.0 initiatives will be shortly announced.

The township of Adaminaby is positioned less than 2 hours south-west of Canberra and a short 35 minute drive north-west of Cooma. Adaminaby is the gateway to the untouched natural playground of the Snowy Mountains and the abundant beauty of the Kosciusko National Park. There are ample opportunities for the keen adventurer including a range of mountain sports, the subliminal natural wonders of the Yarrangobilly Caves and the magical thermal pools. The area is famous for excellent trout fishing with anglers travelling afar to fish Eucumbene Dam and the surrounding rivers.

Selling agent Greg Jeloudev cites the impressive trade figures and attractive lifestyle afforded to the snowy mountains region to be major drawcards for potential suitors.

“The Snow Goose Hotel is an impressive hospitality operation which enjoys healthy cash flow and a high profit ratio. Opportunities to acquire such impressive leaseholds are increasingly rare, particularly those in one-pub towns comprising gaming, accommodation, and F&B trade. Withstanding these impressive features, the Snowy Mountains has significant appeal, including the natural inimitable features of the Kosciusko National Park and surrounding areas.”

The leasehold interest in the Snow Goose Hotel is being offered for sale via Private Treaty and is available for immediate purchase. To receive a copy of the information memorandum, contract of sale, or to arrange an inspection, all interested parties are to contact the exclusively appointed agents.

For more information contact the agents via the contact form below.