Buy Biloela Centre Motel & Grevillea Steakhouse & Bar
Accommodation/Tourism - Motel Businesses for Sale in Biloela, QLD, Australia
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| Title: | Biloela Centre Motel & Grevillea Steakhouse & Bar | |||||||||||||
| ID Number: | 12863 | |||||||||||||
| State: | Queensland (QLD) | |||||||||||||
| City/Town/Suburb: | BILOELA QUEENSLAND 4715 | |||||||||||||
| Listing Type: | Businesses | |||||||||||||
| Categories: | Accommodation/Tourism - Motel, Food/Hospitality - Restaurant | |||||||||||||
| Description: | 15 room refurbished motel in centre of town. Easy walk to all amenities. Undercover parking front of rooms. Large three bedroom owners unit attached.Newly painted and carpeted. Large undercover outside area attached to unit. Repeat business from Reps, mining personnel and holiday travellers. Restaurant is supported by guests and the local community, known as the best restaurant in town. the restaurant can cater for 30- 35 covers in one sitting. Biloela is a thriving town 1 hour from Gladstone and 1 1/2 hours from Rockhampton. Major employers are the Batchfire Coal Mine, Callide Power Station and Teys Bros Abattoir. Biloela is also a rich agricultural area for cropping and beef cattle. The town boasts all major banks, hospital, schools, dentists, two major supermarket and a huge array of local business supporting the industries in the area. The motel has been run by the same family for 7 years. It can easily be run by a husband and wife team. Restaurant is only open Monday - Friday. There is a great opportunity to increase business in both the accommodation and restaurant areas. |
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| Price: | $ 290,000.00 to $ 300,000.00 ONO | |||||||||||||
| Stock Value: | $ 4,000.00 to $ 6,000.00 | |||||||||||||
| Net Profit: | $ 90,829.00 | |||||||||||||
| Turnover: | $ 430,000.00 approx | |||||||||||||
| Accounting Figures FY: | 2017-2018 | |||||||||||||
| Lease Terms: | 25 years | |||||||||||||
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