92 Landsborough St, Normanton, Queensland
Iconic Hotel in Gulf Country
$2,000,000
Business Description
Off Market Hotels are pleased to present to this exceptional leasehold, an Iconic Hotel in Gulf Country. Located on the main street, you can't miss it.
Annual T/O of $3.0m+ in F&B, Retail, and Accommodation.
Gaming: 14 modern machines with an annual T/O of $16.0m+. The gaming room has
recently been extended and games upgraded.
HIGHLIGHTS:
20-year lease
14 modern gaming machines
Liquor Barn & Drive-thru only one in town
Bistro, bars, full TAB facility, and KENO
Beer garden, inground pool & courtesy bus
17 motels rooms + 11 staff rooms
2 bedroom residence & 1 bedroom residence
Strong trader, supported by domestic tourism, locals, and corporate clients
Business Summary
Hotel Information
Total Rooms: 17Restaurant Facilities: YesLiquor Licence: YesRestaurant: YesLease: LeaseholdLease Term: 20 years
Key Investment Insights
1. Located on the main street, making it highly visible and easily accessible to customers.
2. Annual turnover of $3.0m+ in F&B, Retail, and Accommodation, indicating a strong and diverse revenue stream.
3. 14 modern gaming machines with an annual turnover of $16.0m+, showing a successful and profitable gaming room.
4. Recently extended gaming room with upgraded games, indicating a commitment to staying current and competitive in the gaming market.
5. Liquor Barn & Drive-thru, the only one in town, providing a unique selling point and potential for increased revenue.
6. Offers a variety of facilities and services, including a bistro, bars, full TAB facility, and KENO, catering to a diverse range of customers.
7. Additional amenities such as a beer garden, inground pool, and courtesy bus, providing a well-rounded and attractive experience for customers.
8. 17 motel rooms and 11 staff rooms, offering both accommodation for guests and potential for staff housing.
9. Includes a 2 bedroom residence and 1 bedroom residence, providing on-site living options for the owner or manager.
10. Strong trader, supported by domestic tourism, locals, and corporate clients, indicating a stable and reliable customer base.