If someone told you that you could buy a business with freehold that generates income from 5 different opportunities, would you believe them?
This business not only ticks every box but makes you add a couple extra such is the strength and diversity of the opportunity.
Located in beautiful North Qld between Townsville and Cairns this sleeping giant is making money and from 5 different revenue streams which certainly gives you peace and mind about the future.
The business is a one stop shop for the locals and an oasis for the many tourists who visit every week. This business has a fantastic Bar and Bistro area seating over 100 people which is excellent for the locals and the 70 rooms of accommodation surrounding the business. It is rare that a business like this has a commercial Liquor license which means you can expand to add more bottle shops in surrounding towns if you wish.
On top of this it has a convenience store attached to the bar and bistro as well as a bottle shop and takeaway area for the travellers.
As the only fuel supply in town almost every boatie needs to refuel and is conveniently located next to the only boat ramp in town which has been recently upgraded to handle the number of boats coming to this fishing mecca. Over 200 boats in one weekend
Then throw in on top of this the management rights to the Hinchinbrook resort this is possible the best opportunity for a semi-retired couple or young family to make this the investment of a life time.
But wait theres more.
This business opportunity also comes with the freehold. The potential to charge yourself or your superannuation fund a healthy income is also available, and with the availability to add Keno, TAB or poker machines this could potentially could be the buy of the year.
This also comes with 2 x 3 bedroom apartments above the business and 1 is currently rented by staff and owners live in one.
Run under management minimal owner involvement
Motivated key staff already in place
freehold included with business charge your own rent
Enjoys strong community support
Main Street presence with abundance of parking
5 streams of income resort Management rights, bottle shop, Bar & Bistro, Convenience store and Fuel Supply
Weekly turnover 20/21 - $39,000
Gross Profit of 46%
Adjusted Net profit just under $400,000 includes rent
Consistently returns profit for past 5 years
Well trained staff and management in place.
This is Freehold and Business is reasonably priced at $1,850,000 + SAV
To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact
M: ---- --- --- T: ---- --- --- E: [email protected]
Benchmark Business Sales and Valuations
The business images shown are for illustration purposes only and may not be an exact representation of the business.
Business Category: Food and Hospitality, Restaurant, Bar, Convenience, Grocery and Liquor Stores, Accommodation and Tourism, Hotel