Iconic Pub for Sale Hamilton

Description

Opportunity to acquire a well-known pub with two private function rooms in a prime Hamilton location.This pub consistently delivers strong results, with average weekly sales exceeding $22,000 including GST, making it a reliable and profitable business with significant potential for growth.Business highlights* Strong and consistent sales over $22,000 per week including GST* Significant opportunity to grow private functions and events* Well-established catchment area* More than 20 years of trading history* Outdoor seating available* Two private function rooms that do not impact regular clientele* Experienced staff and established systems in place* Secure lease with 10 years remaining, plus renewal options in 2026 and 2031, with annual rent of $92,000 + GST providing long-term certaintyGrowth opportunities* Introduce lunch or brunch in a high-income area* Increase private functions and group bookings* Selectively extend trading hoursIdeal for a hands-on couple or experienced operator seeking a manageable venue with strong local support without a seven-day grind.Financials (2-year average)* Revenue $1,062,615* Profit to one working owner $247,127* Asking price $675,000 including stock