Gin Gin, Queensland
Regional Gaming Venue with Exceptional Features - 130HF
FREEHOLD $2,300,000
Business Description
This outstanding regional hotel offers a turnkey opportunity for savvy investors or operators. Located on the bustling Bruce Highway in Gin Gin, the Highway Hotel is a hub for locals and travelers alike, featuring:
- CBD Location
- 5 Gaming Machines: Coastal, TITO, and CRT systems.
- Bar and Bistro Dining: Two distinct dining areas and a well-equipped bar for guests to relax and unwind.
- Additional outdoor rear and front seating.
- TAB and KENO: Popular entertainment options for patrons.
- Commercial Kitchen: Fully equipped with everything you need to operate efficiently.
- Accommodation: 5 comfortable rooms to cater to overnight guests.
- Sports Bar Area: A vibrant space for socializing and catching live sports.
- 3 lockup garages at rear.
Run under management with absolutely nothing to spend, this versatile venue is ideal for:
- First-time buyers looking to enter the hospitality industry.
- Semi-retirees seeking a profitable, hands-off investment.
Strategically positioned on the Bruce Highway, the Highway Hotel attracts a mix of loyal locals and travelers passing through this picturesque regional town.
With a genuine vendor ready to sell, this is your chance to own a thriving business in a top-tier location.
Don’t miss this rare opportunity to secure a high-performing hospitality venue.
Enquire today to find out more about this exceptional investment!
Net Profit: $504,632 for 2023/24
Contact Dale Shearer from Tourism Brokers for further information or to arrange an inspection.
Property ID: 130HF (quote when enquiring)
Property Code: 5119
Business Summary
Key Investment Insights
Key Insights:
1. Prime Location: The Highway Hotel is located in a prime CBD location on the bustling Bruce Highway, making it easily accessible for both locals and travelers.
2. Diverse Revenue Streams: The hotel offers a variety of entertainment options, including gaming machines, a bar and bistro, TAB and KENO facilities, and a sports bar area, providing multiple revenue streams for the business.
3. Fully Equipped: The hotel boasts a fully equipped commercial kitchen, 5 comfortable rooms for accommodation, and 3 lockup garages, providing all the necessary amenities for guests and staff.
4. Under Management: The business is currently run under management, making it an ideal opportunity for first-time buyers or semi-retirees looking for a hands-off investment.
5. Strong Financials: With a net profit of $504,632 projected for 2023/24, the Highway Hotel is a highly profitable business with a solid financial track record.
6. Loyal Customer Base: The hotel attracts a mix of loyal locals and passing travelers, providing a steady customer base for the business.
7. Growth Potential: With the potential to expand and further develop the business, there is room for growth and increased profitability.
8. Turnkey Opportunity: The Highway Hotel is a turnkey opportunity, meaning the new owner can step in and start operating the business immediately without any additional investments or upgrades.
9. Genuine Vendor: The vendor is genuinely looking to sell, providing a rare opportunity for buyers to acquire a successful business in a top-tier location.
10. Experienced Broker: With Dale Shearer from Tourism Brokers as the contact for further information and inspections, buyers can rely on the expertise and experience of a reputable broker in the hospitality industry.
