Langfords Hotel, the oldest surviving hotel in Mackay, is more than a business; it's a piece of history.
Established in 1908, it has served as a gathering place for generations, with stories tied to Queensland's first female publican, Annie Noble, and landmark events like the 1952 High Court case that changed tax laws on TAB and Keno winnings. This rich heritage, combined with its reputation for hospitality, makes Langfords a trusted and beloved community icon.
Key Features
1. Prime Location:
* Ideally situated on the edge of Mackay's Central Business District, close to residential areas and a light industrial zone.
* Benefits from foot traffic generated by nearby businesses and The Oaks Hotel, whose residents frequently visit for dining and entertainment.
* Proximity to a large redevelopment site across the road offers long- term growth opportunities.
2. Diverse Revenue Streams:
* Dining and Beverage: A well-loved bistro with seating for 100 (bistro and dining combined) offering reasonably priced, high-quality meals and beverages.
* Entertainment: A vibrant live music schedule four days a week, plus Music Bingo on Wednesdays, creating a lively atmosphere that appeals to families and young professionals.
* TAB, Keno: On-site gaming facilities cater to a broad demographic.
* Accommodation Potential: Nine bedrooms, two bathrooms, and a verandah provide an untapped opportunity for short-term stays, corporate bookings, or extended stays.
3. Community Engagement:
* Strong ties to local organisations through sponsorships, including the Brothers Rugby Union Team, the Women's Outreach Centre, Grapevine, and the Paul Bowman Cup for Junior Rugby League.
* A family-friendly and welcoming environment with no poker machines, setting it apart in the local market.
4. Recent Upgrades:
* 2022 infrastructure investments, including a new stage area and air conditioning upgrades for the front bar, bistro, and dance floor.
* Modernised spaces with a unique feature: a rare round cold room, one of only two in existence.
5. Operational Strengths:
* A dedicated team of kitchen, bar, and cleaning staff supports seamless operations.
* The current owner also acts as General Manager and Chef, ensuring consistency in quality and service.
Growth Opportunities
Langfords Hotel offers significant potential for a new owner to capitalise on its strong foundation and untapped opportunities:
* Accommodation: Fully utilise the nine-room space to diversify revenue, catering to short-term visitors, corporate clients, and longer stays.
* Redevelopment Proximity: Leverage the foot traffic and demand that future projects in the area are expected to generate.
* Digital Marketing Expansion: Enhance visibility and attract new patrons through targeted social media campaigns and online advertising.
* Live Entertainment Expansion: Build on its already successful live music offering by adding themed events or special programs to draw new crowds.
Why Invest in Langfords Hotel?
Langfords Hotel is more than a businessit's a Mackay institution. Its combination of historical significance, diverse offerings, and strategic location positions it as a resilient and attractive opportunity in the hospitality sector. With its strong community connections, minimal local competition, and underutilised accommodation potential, the hotel is primed for both stability and growth.
Price: $3,100,000
For further information about this fantastic business opportunity, contact Luke Mansbridge on 0419 747 007 or email luke.mansbridge@finnbusinesssales.com.au
