Businesses for Sale

Buy your next business via bsale
My Account: Sign In

High Street Motor Inn and Steakhouse Refurbished Leaseho...

Business for Sale
Stanthorpe QLD

With a recent $1.2 million makeover, this busy and successful country motel and steakhouse continues to grow, boasting a $785,912 turnover in 2015/16. Described by its owners of 6 years as a "little

Price Leasehold Price: $720,000 + SAV neg

High Street Motor Inn and Steakhouse Refurbished Leasehold with Residence- Stanthorpe, QLD

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
With a recent $1.2 million makeover, this busy and successful country motel and steakhouse continues to grow, boasting a $785,912 turnover in 2015/16.

Described by its owners of 6 years as a "little goldmine", this 20 room motel is perfectly positioned on the main street, and is the first motel you see when you enter Stanthorpe from Brisbane. Situated on the Granite Belt, Stanthorpe is Queensland's premier wine region, with over 40 Cellar Doors, breweries, local produce and much more. It's the only place in Queensland to boast all four seasons, the main tourist period is from April to October.

This current financial year has seen a dramatic increase in group tours, and July 2016 holds the record for turnover and profit.

- Winner of TripAdvisor's Certificate of Excellence for both the motel and restaurant in 2015 and 2016 plus booking.com top 20% businesses
- All rooms rebuilt, including new carpet, furniture, appliances and bathrooms
- Exterior recently renovated by freehold owner
- Strong business with turnover increasing each year and good repeat business
- Owners/managers can take a 4 week break over Christmas as the staff can competently run both businesses
- Restaurant employs a manager plus chef - minimal input required by new lessee
- Undercover parking for all 20 ground floor rooms
- Current lessees upgraded the restaurant with new chairs, table cloths, carpet and leather lounge area
- Steakhouse operates 5 nights a week; scope to increase hours to include lunch
- Local produce, comprehensive local wine list, cocktails, coffee machine, large open fireplace
- 23 year lease

The 3-bedroom manager's residence includes an office, 2 renovated bathrooms and kitchenette. The interior has been repainted plus new lighting, and the large backyard includes golf course views and courtyard with sail cover.

Contact Seller

Logo

Coast to Coast Magazine
Buyer Matching Service
P: 1300 306 749

Bsale ID: 106078
CtoC ID: ctoc-sbus1022




Similar businesses for sale that may interest you:

Dream Lifestyle with Residence + Income

Bell, Toowoomba - Darling Downs, QLD Business for Sale Freehold $475,000

If you're keen to leave the rat-race behind and find your slice of paradise, this package is worth a good look - especially as it offers lifestyle, a home and an income. Bell is located on the Bunya

Accommodation, Tourism, Management Rights Bsale ID 66130

Freehold Modern Motel Complex with Residence on Large Bl...

Injune, Toowoomba - Darling Downs, QLD Business for Sale $1,150,000

With 10 modern units already in place - and plans to add another 7 on this well located 2132sqm block - this is an excellent entry level motel or lifestyle change in this friendly country town. Inju

Accommodation, Tourism, Management Rights Bsale ID 65692

Freehold Hotel + Manager's Quarters

Bell, Toowoomba - Darling Downs, QLD Business for Sale $650,000 + SAV (Approx. $15k)

Not too big, not too small - this is the perfect sized country hotel to make a good living, without working yourself too hard! Bell is a friendly rural town, 160km from Toowoomba, 40km from Dalby and

Accommodation, Tourism, Management Rights Bsale ID 63723

Sign Up

Send this post to a friend