Listing ID: 1384
Halfway between Townsville and Mount Isa you’ll find Richmond, a bustling country town with the most stunning outback vistas, fossil fields and a famous watering hole, the Mud Hut. This popular Hotel-Motel is known for its cold beers, warm hospitality and solid pub meals.
-Profitable integrated hotel with a long lease (28 years)
-Great location on the Overlanders Way – popular stopover
-Multiple income streams, including food and beverage, gaming, TAB, KENO, takeaway and accommodation
-Strong rural community with loyal clientele
- Turnover of $1,470,000 last financial year
- Rent to owner of $105,000
- $96,000 profit after wages
The Mud Hut is known as a warm and welcoming family hotel offering budget accommodation and substantial meals. It receives good reviews online with guests describing it as excellent value-for-money.
Richmond itself is a great community where the residents take pride in their beautifully kept gardens and unspoilt natural environment. It’s got all the health care, education and services that you need, supported by strong agricultural and tourism industries.
Many describe the area as having the charm of a country town with the facilities of a city, with high speed internet, Next G mobile coverage, airport and a growing number of new businesses.
So why not take this opportunity to head west and snap up this successful business – it’s where the money is!
Price: $220,000 + SAV
Richmond, Queensland 4822