Freehold Commercial Hotel - With Retail Component 2 Hours From Brisbane
Nanango QLD, QLD
Description
Freehold Commercial Hotel This business is trading strongly and delivering consistent on-premise food and beverage performance. The hotel is currently achieving turnover in excess of $90,000 per week and is on track to reach $100,000 per week, generating an EBITDA of approximately $550,000$600,000. Add Gaming machines to complete the offer and go to new heights Key features include a walk-in liquor store, an extended main bar, dining room, covered courtyard, and a drive-through bottle shop. The property is further enhanced by a large car park and adjoining land, providing potential for future accommodation or expansion. Additional upside exists through the introduction of gaming, offering a clear pathway to further growth. The business is fully staffed and operational, allowing an incoming owner to step straight in and continue trading seamlessly. Recently voted Best Live Music Venue in the district, the venue accommodates up to 200 patrons and offers dinner service seven nights a week. Unmatched highway exposure delivers excellent visibility and strong passing trade. Accommodation includes seven pub-style rooms plus a three-bedroom manager's residence. Located just two hours from Brisbane, this prime country hotel is ideally suited to a hands-on husband-and-wife team or two active partners. The owner is committed with another business and needs to exit suit Husband and wife , Family team , expanding group
Financials
- Asking price
- $3,400,000
- Net profit
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- Revenue
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- Profit multiple
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- Revenue multiple
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Agent
Off Market Hotels & Off Market Group
