Rarely Offered, High Cash Flow Opportunity To Purchase An Iconic Hotel In The Gulf Of Carpentaria - 106hl
Well renowned Hotel offering a complete cross section of services:
- Highly profitable Gaming venue showing in excess of $450K p.a net.
- Annual T/O of $3.0m+ in F&B, Retail and Accommodation.
- 14 modern gaming machines incorporated for use with the lease with an annual T/O of $16M+. The gaming room has recently been extended and games upgraded.
- Excellent Liquor Barn Drive-thru - only one in town.
- Good bar trade.
- Lounge bar.
- Bistro and beer garden.
- Bars, full TAB facility and KENO.
- 17 motels rooms and 11 staff rooms.
- Two residences: one-bedroom and two-bedroom.
- Strong trader, supported from domestic tourism, locals and corporate clients.
- Secure lease in place.
- Rarely an opportunity is available, currently run by good management under owners' supervision.
- Full Financials available to serious hotel buyers.
Net Profit: $451,619 for 2023/24 (as provided by vendor)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
