Torrens Creek, Queensland
Own A Part Of Australian Outback History - 140HF
SOLD
Business Description
This historic pub is an essential stop on a major Queensland highway for tourists, company groups, business travelers, and locals. The property is laden with latent potential, with possibilities to expand all aspects of the operation and build on the image of a great place to visit.
Key Benefits:
- Multiple income streams - Hotel / Motel / Caravan Park Accommodation plus iconic 'signature' bar, beer garden, bistro, general store, cafe, and petrol pumps.
- 10 separate land titles of 1,012 sqm each generous size, room to grow.
- The property is connected to mains water.
- Solar panels recently installed, split system air conditioners in cabins, electrical and plumbing upgrades, new floor in cool room and showers.
- Outback, country lifestyle.
- Lots of potential for an involved owner.
- Full training on the day-to-day operation will be provided by the vendor for two weeks after settlement.
- This business would be ideal for owner-operators / family groups - owners' accommodation in the hotel.
Adjusted Net Profit: Expected $189,560 for 2024/25
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 140HF (quote when enquiring)
Property Code: 5175
Business Summary
Key Investment Insights
1. Multiple income streams including hotel, motel, caravan park accommodation, signature bar, beer garden, bistro, general store, cafe, and petrol pumps, diversifying revenue sources.
2. Positioned as an essential stop on a major Queensland highway, attracting tourists, company groups, business travellers, and locals, indicating steady through-traffic demand.
3. Iconic outback pub offering strong branding and visitor appeal, described as part of Australian outback history.
4. Ten separate land titles of 1,012 sqm each, providing substantial landholdings and clear scope for expansion or redevelopment.
5. Latent potential to expand all aspects of the operation, highlighted as opportunity for an involved owner to grow profitability.
6. Recent capital and operational upgrades including solar panels, split-system air conditioners in cabins, electrical and plumbing upgrades, new cool room floor, and refurbished showers, reducing immediate capex needs.
7. Connected to mains water, ensuring reliable utility supply for accommodation and retail operations.
8. Owner-operator and family group suitability, with owners’ accommodation within the hotel simplifying management and occupancy.
9. Vendor support offering two weeks of full training on day-to-day operations after settlement, aiding transition risk mitigation.
10. Adjusted net profit expected at $189,560 for 2024/25, providing a concrete earnings benchmark for valuation and cashflow assessment.
11. Rural outback lifestyle appeal, supporting niche tourism positioning and experiential marketing opportunities.
