1 High Street

Stanthorpe QLD 4380

EASY TO MANAGE: For those who have not run a motel or restaurant before, neither had we. My husband and I came from operating a travel agency and a landscaping business and decided to have a change of scenery. We love this area & have really enjoyed having time with our family while operating our business from home. This business is well set up with time to work on our own passions/hobbies on the side while also running this business. We love food but had not worked in a restaurant before. We waited a couple of years, watching what sold well, what always tasted good and popped together our menu from that.
NO MONEY TO SPEND ON THE MOTEL: The motel recently had a $1.2 million rebuild due to a freak tornado with all the rooms being rebuilt including new carpet, furniture, appliances & bathrooms. Bonus the exterior of the motel also has been renovated with rendered walls, timber features & tiled accents. The restaurant has new carpet, chairs, furniture, and lighting with an outdoor deck space.
SUCCESSFUL BUSINESS: The business is continually increasing with 2017 June holding the record for profit - $26K. Average income is $200K per annum. Winner of Trip Advisor's Certificate of Excellence for both the motel & restaurant in and 2017 as well as booking.com top 20% businesses. A great number of repeat clients and group bookings.
STYLISH MANAGERS RESIDENCE: The 3 bedroom + office managers residence includes a large main bedroom with ensuite, large backyard & simple kitchenette. The bathrooms & kitchens were all renovated in 2014. A large backyard includes a view over the golf course, a small veggie patch & courtyard with sail cover. Perfect to relax.
OPPORTUNITY FOR CHEFS/RESTAURANTEURS: The restaurant has been a successful Steakhouse for 9 years. When we purchased the business, it was a buffet/pub style which we decided to change it a la carte. Every owner/chef brings their own flair to the menu and style of the restaurant. If you have a passion for owning or running your own restaurant, this is a great place to start. You have a ready made income from the business, a customer base available with the onsite motel and the ability to bring your own style to the menu.
LOCATED ON THE GRANITE BELT - Surrounded by 3 national parks, lots of yummy local produce and tourist attractions the whole family will love. Plus friends love to visit & you now have a few more guest rooms! And the rules are you have to taste test the huge selection of local wines, ports & cocktails available from the region. The kitchen also has their own vegetable and herb garden out the back.
Lease: 21 year term.
Laundry: Domestic laundry available for onsite managers. Linen all hired & washed externally except the Restaurants tablecloths.
Restaurant: 65 seats with bar & deck area Licensed.
PLEASE NOTE: This is a leasehold business which can require a higher amount of equity than a normal mortgage if you are getting finance. Please chat with your preferred financial broker for more information.
Feel free to contact for a full breakdown of inclusions & financial details.