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
Marketing Agent
Shane Mullins
Shane Mullins

Chris Cameron
Chris Cameron

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.
Listing location

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