Torrens Creek, Queensland
Own A Part Of Australian Outback History - 140HF
FREEHOLD $650,000 + sav
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 upgraded, 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.
Turnover: $736,000 for 2023/24; $920,000 estimated for 2024/25
Contact Antonio Currulli 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. The business is a historic pub located on a major Queensland highway.
2. The pub caters to a diverse customer base including tourists, company groups, business travelers, and locals.
3. The property has potential for expansion and offers multiple income streams including hotel, motel, caravan park accommodation, bar, beer garden, bistro, general store, cafe, and petrol pumps.
4. The property consists of 10 separate land titles, providing room for growth.
5. The property is connected to mains water and has recently undergone upgrades such as solar panels, split system air conditioners, and electrical and plumbing upgrades.
6. The business offers an outback, country lifestyle for the owners.
7. There is potential for an involved owner to further develop the business.
8. Full training will be provided by the vendor for two weeks after settlement.
9. The business would be ideal for owner-operators or family groups, with owners' accommodation available in the hotel.
10. The business has a projected turnover of $736,000 for 2023/24 and an estimated turnover of $920,000 for 2024/25.