Business for Sale The Banjo Paterson Motor Inn
The Banjo Paterson Motor Inn is the place to stay when travelling to Townsville for an extended holiday, just passing through on the way to Cairns, travelling south or doing a weekly/ fortnightly trip to visit regular clients in North Queensland.
The Motor Inn has 25 spacious air-conditioned motel rooms, a Licensed Restaurant decorated in Australiana Antiques and capable of seating 36 people on a daily basis. There are 6 semi-self -contained family rooms, the balance also have very comfortable furniture (Queen or Double beds) and can easily accommodate 2 to 3 people. There is a relaxing pool / BBQ area and a pool table in the Bar area.
Small pets can also be accommodated in the downstairs rooms for the doggie or cat family, or even a pet bird by prior booking.
The Banjo Paterson Motor Inn can be easily located on the major booking agencies like booking.com, Wotif.com, Hotels Combined, Trip Advisor.com, Last minute.com etc. and a recently produced TV Commercial has started to screened to potential clients in far Western Queensland on the Ten Network.
The property underwent a major refurbishment in 2012/ 2013 in regard to room furnishings, the residence and restaurant. Luigi one of the current operators has added additional features in most rooms with his excellent cabinet making/ carpentry skills. New office equipment, Australiana animal statues, new kitchen appliances, (commercial dishwasher, Ice machine, gas regulators for oven, hotplate) a new security system / cameras and much more.
A well-presented 3 Bedroom residence suitable for Owners / Managers onsite is included in the package.
The current operators have asked us to market the lease as they have a genuine reason for wishing to sell and have operated the business for two years while rebuilding the regular clients. A solid level of bookings already exists for the May to August peak season in Townsville which can produce an excellent cash flow for the new operators. Additional other weekends are fully booked up to October and they are the preferred supplier for Government Departments.
The existing lease has 19 years to run and the asking price is $475,000 Negotiable. There is also an additional $25,000 plus of Antiques owned by the current operators and located in the Bar and Restaurant which could be included in the sale.
For further information please contact Bob Brewster on 0427400074.
Alternatively, I can be contacted on bob.brewster@raywhite.com for an information package.