Successful Granite Belt Motel & Steakhouse - Perfect for couple/family
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This successful 20 room motel with onsite Steakhouse brings in approx $200K profit pa.
EASY TO MANAGE: This business is well setup with highly experienced restaurant manager, chef & housekeeper. Current owners came into this business pregnant with an 18 month old, just over 7 years ago - previously a travel agent & a mechanic. Found this to be a beautiful way to have time with our family & work from home without worrying about money. We also have time during the day to work on our own hobbies. The housekeeper & restaurant manager are also trained on looking after reception, so the managers can have time off & explore the surrounds or just hang with the family.
LOCATED ON THE GRANITE BELT - Surrounded by 3 national parks, lots of yummy local produce and tourist attractions the whole family will love. Plus friends love to visit & you now have a few more guest rooms! The perks include dinner made by the chef for the managers 5 nights a week. And the rules are you have to taste test the huge selection of local wines, ports & cocktails available in house.
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. Bonus the exterior of the motel also has been renovated with rendered walls, timber features & tiled accents. For any budding designers, have a bit of fun in the restaurant and give your own modern twist to the Steakhouse.
SUCCESSFUL BUSINESS: The business is continually increasing with 2017 June holding the record for profit - $26K. Average income is $200K per annum. 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. Great number of repeat clients and group bookings. This business is very easy to run.
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. Perfect to relax.
WHAT DOES THE JOB ENTAIL: Currently we (the managers) operate the reception & answer the phones, so customer service skills are handy. We enter reservations, process credit cards & discuss menu options. You can take on more if you wish by cleaning or helping in the restaurant, if you wish to reduce the wage costs or be more hands on. But you don't have to, if you don't want to. We do our own accounts and discuss all the beautiful things to do on the Granite Belt.
Lease: 23 year term.
Laundry: Domestic laundry for managers. Linen all hired & washed externally except the Restaurants table cloths.
Restaurant: 65 seat. with bar & deck area Licensed.
PLEASE NOTE: This is a leasehold business which can require 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