Highly recommend Phil and the Team at CRE Brokers. Professional, excellent industry knowledge and great after sale support.
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1300 76 78 02Hotel Traralgon Bar & Bistro - 1P5840 1196
An exciting opportunity to purchase one of LaTrobe Valley's most iconic hotels.
CRE Brokers, the exclusive agents and the business owners are motivated to sell the leasehold interest of Hotel Traralgon Bar & Bistro, formerly Ryan's Hotel.
Well positioned in the heart of Traralgon's CBD on the corner of Franklin and Kay Streets, Hotel Traralgon is arguably one of La Trobe Valleys most significant landmarks.
Built in 1914, the double story hotel maintains the historical charm of the past with modern amenities. The hotel features a bistro, sports bar, TAB and function facilities providing multiple streams of income.
The hotel is trading exceptionally well, appealing to a very large client base, Hotel Traralgon benefits from a busy bistro, sports bar offering 22 screens and pool table, late night entertainment in 171 Bar & Balcony which offers an amazing venue space utilizing the 1st floor and the balcony which is also available for functions.
Quest Apartments are also developing a 70 room facility at the rear of the hotel which will generate further growth as the complex will not have food and beverage facilities give an amanzing scope to work with Quest and do breakfasts and room service as there will direct access from Quest to the hotel.
This is an exciting opportunity not to be missed, and the time is now to make your mark on the hospitality and entertainment business in Gippsland.
Property Overview
Property Id:
1P5840Under Offer:
noPrice:
Leasehold $800,000Similar Listings
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Testimonials
Janine Curtis
Marcel Widner - Inline4 Cafe Cape Woolamai
Couldn't be happier. Anne and Phil from CRE Brokers have been very professional and an absolute pleasure to deal with. Our business was sold in record time. We will definitely recommend them. Thanks.....
Marcel Widner - Inline4 Cafe Cape Woolamai
Couldn't be happier. Anne and Phil from CRE Brokers have been very professional and an absolute pleasure to deal with. Our business was sold in record time. We will definitely recommend them. Thanks.....
Leigh Marino
The only brokers worth dealing with. Fast effective and professional service with 100% strike rate. Thanks heaps Phil and the CRE team
Yvonne Pitt
Great to deal with Helpful in every way Definitely work with Phil again for any future purchases
Rachael Northwood
Phil from CRE Brokers delivered a solid result with a tricky transaction and navigated successfully for both parties, I would recommend his services
Neville Brown
We sold our business thanks for the great work that Phill did we got a good price Everything went really easy with the sale they were just a pleasure to deal with and Phill went out of his way to make sure he did the right thing by us which was great
Malcolm Ross
It has been a long road to finally have our Motel Sold with covid 19 playing a massive part in the difficulties of sell. Through it all Phil and the team have been proactive and enthusiastic in their approach to obtaining the best outcome for us. I commend them on their down to earth friendly attitude toward sales and would highly recommend them to others in the process of selling or buying a business
Victor Bradshaw
We sold our property recently with Phil from CRE Brokers. Phil's service was exceptional and we would highly recommend both Phil and CRE to anyone who is looking to buy or sell their business.
Simon Duck
Attention to detail was great Very patient and thorough - Little Red Duck Cafe
Michael Wawrzik
We at Little Red Duck Café at Noojee Victoria would like to thank the team at CRE Broker - Phil for the help and smooth transfer of ownership to us , there was a lot of quick responses to ensure we had a happy ending with our hand over from previous owners thank you again to the team
Cheryle Bourne
Phil worked tirelessly on the recent sale of our property for which we thank him. A terrific outcome for both parties. We highly recommend Phil and the CRE team
Mitch Duncan
Phil was just fantastic. Great communicator and conducted himself reliably and professionally throughout the whole sale and handover process. Highly recommended
Joy Molan
Rohan and Phil from CRE Brokers were great to deal with. Always available via phone or email to help with any information we needed or queries we had. Couldn't be happier with their service and outcome when selling our pub.
Parekh Hemanshu
It is fortunate to work with CRE, Phil and Rohan are experienced and gives very smooth directions to deal. Highly recommend.
Peter Simcock
Phil and the team from CRE went above and beyond when Julie and I sold our motel. Phil helped us negotiate some tricky times along the way but always remained calm and reassuring. He found the people who bought before we went to market and we couldn't have been happier, they are a lovely couple and we wish them all the best. Thanks Phil.
Simon Duck
Attention to detail was great Very patient and thorough, Phil, Tracey and the team are great to deal with.
Karin Zafir
Was always helpful and returned calls in timely fashion if he was unable to answer at the time