Nambour, Queensland
THRIVING SUNSHINE COAST HOTEL - 138HL
UNDER CONTRACT
Business Description
- A thriving Sunshine Coast city pub with an extensive range of services.
- 19 well-appointed accommodation rooms plus 1 one-bedroom apartment.
- Public bar with seating for 40.
- Dining room with seating for 80 diners
- 27 EGMs/Pokies room with 27 brand new state of the art machines.
- Two street frontages in the heat of town, close to all amenities.
- Separate bottle shop with street entrance.
- An additional two off-site bottle shops within the great Nambour region.
- Vogue Theatre with seating up to 800 guests with independent bars and facilities.
- Over $1,000,000 reinvested in 2022-24 on property capital upgrades and replacements.
An expansive offering including public and lounge bars, restaurant, 19 accommodation rooms and 1 apartment, 27 EGM gaming machines, onsite bottle shop, and two off site bottle shops, and the iconic Vogue Theatre which can cater for up to 800 guests.
All the work is done with over $1M in upgrades and renovation over the last three years. Opportunity to take this business to the next level now the Vogue Theatre is reformed as a magnificent cabaret and function venue and all bars and the restaurant are operating.
With current turn over in excess of $6.5 million dollars and forward growth expectations well over $7-8 million, the time is right to take over the operation and benefit from all the hard work that has been done. Several outlets have been closed intermittently over the last two years for renovations, etc. and now the full potential can be redeemed.
A new 25-year lease will be created for the new business owners with attractive rental benefits included.
Asking for all the astute pub operators to come forward and take a look at this great business opportunity!
Adjusted Net Profit: $408,820 for 2023-24
Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 138HL (quote when enquiring)
Property Code: 5258
Business Summary
Key Investment Insights
1. Turnover exceeding $6.5 million, with forward growth projections of $7–8 million, indicating strong revenue scale and upside potential.
2. Adjusted net profit of $408,820 for 2023–24, providing a clear recent earnings benchmark.
3. Extensive capital investment, over $1,000,000 spent on property upgrades and replacements between 2022–24, reducing near‑term capex requirements.
4. Diverse revenue mix including public and lounge bars, restaurant, 19 accommodation rooms plus one one‑bedroom apartment, and function/cabaret venue, supporting income resilience.
5. Gaming revenue platform of 27 EGMs/pokies with brand new state‑of‑the‑art machines, representing a modernised gaming offering.
6. Iconic Vogue Theatre seating up to 800 guests, with independent bars and facilities, creating significant events and functions revenue potential.
7. Onsite bottle shop with street entrance plus two additional off‑site bottle shops in the Nambour region, expanding retail distribution and income streams.
8. Prime location in Sunshine Coast city, two street frontages in the heart of town, close to amenities, supporting strong foot traffic and visibility.
9. Seating capacity tailored for mixed trade, with a public bar seating 40 and dining room seating 80 diners, suitable for day and evening trade.
10. New 25‑year lease to be created with attractive rental benefits, offering long‑term tenure and potential cost certainty for incoming operators.
