Bowen, Queensland
AN EXCEPTIONAL OPPORTUNITY - 93HF
SOLD
Business Description
Nearly $2M turnover at 40% occupancy. Exceptional opportunity with 48 existing ground floor rooms and the potential for another 96 rooms and a 12 room motel. The offering is modern, low maintenance, established and has huge upside.
The business has room for growth with the ability to add other initiatives for additional growth and magnification of the bottom-line profits for the owner. The site is located just off the Bruce Highway some 8 kms north of the township of Bowen and the closest village to the Abbot Point Port and Coal Terminal.
Significant projects are happening in the area and the property is the closest accommodation to Abbot Point, Abbot Point State Development Area (SDA), Abbot Point Clean Energy Hub (The project is expected to provide 1,200 jobs during construction, and 250 ongoing skilled jobs.) Construction on the orbital launch facility – one of Australia’s first - at the Abbott Point State Development Area is well underway with contractors working on the construction shed and launch pad. The property is best positioned to capitalise on the opportunities and is expected to be a real money maker, a must to inspect.
Currently under full management with well-established systems in place, that can be easily followed by any operator, even a new couple to the industry, this easy to manage complex has a mix of revenue areas with a significant high margin, low-cost accommodation business. The offering is arguably the best in the region providing an incoming purchaser the opportunity to actively and strategically target the wedding and corporate market.
Comprehensive Information memorandum available
Benefiting from the areas untouched beaches, beautiful bays and warm tropical climate, guests are able to enjoy an average of 8 hours sunshine daily in what many claim as the best climate in Queensland.
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 93HF (quote when enquiring)
Property Code: 4325
Business Summary
Key Investment Insights
1. High turnover of nearly $2 million with only 40% occupancy, indicating potential for growth.
2. Modern, low maintenance property with established systems in place.
3. Potential to add another 96 rooms and a 12 room motel for further revenue.
4. Located in a prime location just off the Bruce Highway, close to significant projects such as Abbot Point Port and Coal Terminal.
5. Closest accommodation to Abbot Point State Development Area and Abbot Point Clean Energy Hub, providing potential for increased demand.
6. Construction of Australia's first orbital launch facility is underway in the area, providing potential for further growth.
7. Mix of revenue areas, including a high margin, low-cost accommodation business.
8. Opportunity to target the wedding and corporate market.
9. Comprehensive information memorandum available for interested buyers.
10. Located in a popular tourist destination with untouched beaches and warm tropical climate.
11. Average of 8 hours of sunshine daily, making it an attractive location for guests.
12. Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
13. Property ID: 93HF, quote when enquiring.
14. Property Code: 4325.
