Charters Towers, Queensland
Freehold Hotel Motel | Profitable North Queensland Landmark Pub
$5,400,000 + SAV
Business Description
Offered to the market for the first time in over 30 years, this outstanding freehold going concern presents a rare opportunity to acquire a well-established hotel, motel and gaming operation in a thriving North Queensland regional town. Combining strong diversified income streams with significant street presence and further growth potential, this is a genuine turnkey hospitality investment.
The accommodation component comprises 22 letting units, including 18 motel rooms and 4 self-contained cabins, catering to a broad range of travellers and providing a consistent revenue base.
Patrons are drawn to the venue's welcoming public bar, a recently refurbished gaming lounge featuring 25 high-performing gaming machines, and TAB facilities with two terminals, popular family bistro and expansive undercover outdoor dining area with seating for approximately 200 guests further enhance the venue's appeal and trading capacity.
Additional income is generated through the convenient drive-through bottle shop, which can be efficiently serviced by existing bar staff, delivering strong retail liquor sales with minimal additional labour costs.
Positioned on the fringe of a busy regional city, the property benefits from outstanding street frontage, excellent exposure to passing traffic, ample onsite and off-street parking, and easy accessibility via its low-set design.
Key features include:
• Freehold Going Concern offered for the first time in 30 years
• Adjusted Net Profit of $675,980 for FY2024/25
• 22 accommodation units comprising 18 motel rooms and 4 self-contained cabins
• Public bar, family bistro and large undercover outdoor dining area
• Recently refurbished gaming lounge
• 25 gaming machines with strong turnover
• TAB facilities with two terminals
• Drive-through bottle shop with efficient staffing model
• Prominent location with exceptional street exposure
• Ample onsite and off-street parking
• All plant and equipment unencumbered
• Proven business with scope for further profit growth
Rarely does a freehold hotel motel of this calibre become available. With diverse revenue streams, strong trading performance and significant upside, this is undoubtedly one of the most compelling hospitality opportunities currently available to the market.
For more information or to arrange an inspection, please contact Glen Cummins today.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Freehold going concern offered to the market for the first time in over 30 years.
2. Reported adjusted net profit of $675,980 for FY2024/25.
3. Diversified operations span accommodation, hospitality, gaming, TAB and retail liquor sales.
4. Accommodation includes 22 letting units, comprising 18 motel rooms and four self contained cabins.
5. Recently refurbished gaming lounge with 25 gaming machines and strong turnover.
6. Family bistro and undercover outdoor dining area provide seating for approximately 200 guests.
7. Drive through bottle shop can be serviced by existing bar staff, limiting additional labour requirements.
8. Prominent North Queensland regional location offers strong street frontage and passing traffic exposure.
9. Ample onsite and off street parking, with easy access supported by the low set design.
10. All plant and equipment are unencumbered, supporting a turnkey acquisition.
11. Established trading platform presents scope for further profit growth.
