PRICE
$1,650,000 + SAV

OPPORTUNITY
The sale of the business represents a rare opportunity to acquire an established freehold Hotel-Motel and detached bottleshop located in the thriving Bowen area. Take advantage of the expected population growth in the Bowen area by acquiring an already profitable business with the added reassurance of owning a freehold property. Ideal for an investor looking for an opportunity in the North Queensland area, or an owner/operator looking for a sea change. Act now, this opportunity wont be available for long.

OPERATIONAL
The business includes a hotel, a 17 room motel and a detached bottleshop, located in the centre of Bowen. The business holds a General Liquor Licence, a Licence to operate as an accommodation premises (approved for 32 boarders and 9 units or flats) and a Food Business Licence. The Hotel has bar and catering facilities.

FINANCIAL DETAILS
Sales Revenue (approx)
Hotel – $389,367.31 (excluding GST)
Motel – $157,989.61 (excluding GST)
(2007/08 financial year)

Bottle shop (opened in April 2008)
$107,987.16 per month (excluding GST)
(average for July and August 2008)

Combined revenue of $160,873.51 in August 08

GENERAL DETAILS

Trading hours
as allowed by Liquor Licence(General)
Hotel:
10:00am to MidnightSunday to Wednesday
10:00am to 2:00amThursday to Saturday

Detached Bottle shop
10:00am to 10:00pmMonday to Sunday

Freehold Hotel-Motel
Consists of a main bar, back bar, smoking area, industrial kitchen, storage area, motel reception office and office.
Also includes a 17 room motel / backpacker
accommodation with common kitchen, dining / lounge area, 2 storage areas, laundry and 10 parking spaces

Detached bottleshop (leasehold)
9 year lease
Rental: $1,400 per month

For further information please contact Laurent Corgnet at lcorgnet@ljhc.com.au