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
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.