92 Landsborough St, Normanton, Queensland

Iconic Hotel in Gulf Country

$1,500,000

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
Marketing Agent
Shane Mullins
Shane Mullins

Chris Cameron
Chris Cameron

Key Investment Insights

1. Located on the main street, providing high visibility and easy access for customers.
2. Annual turnover of $3.0m+ in F&B, Retail, and Accommodation, indicating a strong and diverse revenue stream.
3. Gaming room with 14 modern machines and an annual turnover of $16.0m+, demonstrating a successful and popular gaming operation.
4. Recently extended gaming room and upgraded machines, showing a commitment to improving and modernizing the business.
5. Liquor Barn & Drive-thru, which is the only one in town, providing a unique and attractive offering to customers.
6. Additional amenities such as a bistro, bars, full TAB facility, and KENO, catering to a variety of customer needs and preferences.
7. Beer garden, inground pool, and courtesy bus, offering a relaxed and enjoyable atmosphere for customers.
8. 17 motel rooms and 11 staff rooms, providing comfortable and convenient accommodation options for guests.
9. 2 bedroom residence and 1 bedroom residence, allowing for on-site management and potential for owner accommodation.
10. Strong trader, supported by domestic tourism, locals, and corporate clients, ensuring a stable and consistent customer base.
Listing location

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