Charters Towers, Queensland 4820
FREEHOLD $5,400,000 + sav
Key Features
AI generated. Contact seller to confirm.
- 22 motel rooms including 4 self-contained cabins
- Family bistro with undercover deck seating 200
- 25 gaming machines with high turnover
- Two TAB terminals
- Drive-through bottle shop, bar-serviced, cost-effective
- Gaming lounge recently refurbished
- Turnover: Not disclosed
- Net Profit: $675,980
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: First time offered in 30 years
Business Details
Business Category Hotel
FREEHOLD HOTEL MOTEL
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
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.