North QLD Hotel/motel Freehold Opportunity - 145hf
Charters Towers City QLD, QLD
Description
FREEHOLD HOTEL MOTEL FOR SALE First time offered in a Freehold Going Concern for 30 years. A very popular family tavern offering all the conveniences in northern Qld town of approximately 150,000. - 18 motel rooms and 4 self-contained cabins (22 in total). - Good onsite and off-street parking. - Low-set profile. - Public bar. - Gaming lounge recently refurbished. - Family bistro and undercover outdoor deck (seating for 200). - 25 gaming machines with high turnover. - TAB - two terminals. - Drive-through bottle shop can be serviced by bar staff - cost effective. - Located on the fringe of a busy town with tremendous street frontage. - All equipment unencumbered. - Rare opportunity - arguably the best available. Adjusted Net Profit: $675,980 for 2024/25 with the ability to improve Contact Laurence from Tourism Brokers for further information or to arrange an inspection. Property ID: 145HF (quote when enquiring) Property Code: 5414
Financials
- Asking price
- $5,200,000
- Net profit
- $675,980
- Revenue
- —
- Profit multiple
- 7.69x
- Revenue multiple
- —
Agent
Tourism Brokers
