Hospitality

Challenges facing the hospitality industry, specifically the pub sector, mean that expert professional support is even more important to both experienced and new operators. In NSW alone we are the trusted advisers to pub groups operating in both urban and regional environments. We care about the success of our clients…that’s the Pitcher difference.

Providing practical, commercial business advice is our core strength and this is how we have achieved our reputation. Pitcher Partners understands hospitality businesses and work closely with our clients to ensure we understand and meet their needs. Our expert services cover:

  • Annual Compliance matters relating to preparation of financial statements and income tax returns
  • Audits of large proprietary companies and clients who require audited financial statements to meet bank covenants associated with their debt facilities
  • Advice for appropriate Structuring regarding hotel and business acquisitions
  • Capital Gains Tax advice relating to disposals of hotel assets
  • Ongoing Tax Planning advice
  • Advice on Good & Services Tax for hotel operations and other associated transactions such as residential or mixed-use developments
  • Preparation of Business Plans and business reviews to consider operational efficiency and cost saving potential
  • Financial and taxation Due diligence reviews associated with proposed acquisitions
  • Independent Accountants Reports for proposed transactions
  • Forensic and Valuation reports
  • Internal Control audits and recommendations to management for areas of improvement
  • Outsourced IT services and assistance with network maintenance, implementation of disaster recovery and backup plans, etc
  • Workout arrangements with a view to turning around business performance and avoiding insolvency.

Our Clients

Our clients, own or operate some of Sydney’s most well known hotel venues including:

  • Clovelly Hotel (Clovelly)
  • Criterion Hotel (Sydney)
  • Exchange Hotel (Balmain)
  • Forbes Hotel (Sydney)
  • Greengate Hotel (Killara)
  • Hunters Hill Hotel (Hunters Hill)
  • Mona Vale Hotel (Mona Vale)
  • Northies (Cronulla)
  • Railway Junction Hotel (Dubbo)
  • Wallacia Hotel (Blue Mountains)
  • Western Star Hotel (Dubbo) 

Pitcher Partners’ Specialist Transaction and Expert Experience
  • Preparation of an Independent Accounts Report for ING Entertainment Fund for its proposed capital raising and listing on the Australian Stock Exchange (ASX).
  • Financial and taxation due diligence on behalf of a potential purchaser for a portfolio of 4 Sydney CBD hotels which were being offered for sale by a long standing hotel owner.
  • Advising a hotel group on the tax implications arising from the sale of a portfolio of 9 hotels to ASX listed purchasers for an amount in excess of $250 million.
  •  Provision of expert witness evidence in the NSW Supreme Court in a long-running dispute between two well known hotel owners.  
  • Assisting clients in refinancing debt facilities secured over hotel assets.
  • Assisting financial institutions with pre-lending reviews of hotel operations and work-out arrangements.  

Pitcher Partners Sydney is a member of the Australian Hotels Association (NSW). Through our membership we are committed to the hospitality industry and to developing close working relationships with the AHA and its members.