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Successful SE QLD Country Motel & Restaurant - recent million...

Business for Sale
Stanthorpe QLD

This successful 20 room motel with onsite Steakhouse brings in approx $200K profit pa. EASY TO MANAGE: This business is well setup with the managers taking a 4 week break over Christmas & the st

Price $720,000

Successful SE QLD Country Motel & Restaurant - recent million dollar rebuild.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
This successful 20 room motel with onsite Steakhouse brings in approx $200K profit pa.

EASY TO MANAGE: This business is well setup with the managers taking a 4 week break over Christmas & the staff running both businesses very competently in their absense. The restaurant employs a manager who is capable of running this side of the business with minimal input as/if required by the new lessee's.

LOCATED ON THE GRANITE BELT - a premium food and wine destination surrounded by 3 national parks.

NO MONEY TO SPEND ON UPGRADES: It recently had a $1.2 million rebuild due to a freak tornado with all the rooms being rebuilt including new carpet, furniture, appliances & bathrooms. The owner of the freehold has just paid for the exterior to be renovated with rendered walls, timber features & tiled accents.

SUCCESSFUL BUSINESS: The business is continually increasing with 2016 July holding the record for turnover and profit. Winner of Trip Advisor's Certificate of Excellence for both the motel & restaurant in 2015 and 2016 as well as booking.com top 20% businesses.

STYLISH MANAGERS RESIDENCE: The 3 bedroom + office managers residence includes a large main bedroom with ensuite, large back yard & simple kitchenette. (Dinner is provided to the family by the restaurant 5 nights a week.) The bathrooms & kitchens were all renovated in 2014. A large backyard includes a view over the golf course, a small vegie patch & courtyard with sail cover.

Lease: 23 year term.

Laundry: Domestic laundry. Linen all hired.

Restaurant: 65 seat. with bar & deck area Licensed.

PLEASE NOTE: This is a leasehold business which requires a higher amount of equity then a normal mortgage if you are getting finance. Please chat with your preferred financial broker for more information.

Feel free to contact us for full breakdown of inclusions & financial details.

Phone enquiries - please quote property ID 16868

Contact Seller

Contact: No Agent Property
Phone: 1300 850 855

Bsale ID: 91524
Agent ID: 2965363




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