Black Rhino Group – Granville Tavern and Motel and Cambridge Street Bottle Shop & Cellars in Granville, QLD

WA-65017

The Black Rhino Group is a national hospitality group operating 48 venues across Queensland, Victoria and South Australia. The Black Rhino Group operates hospitality venues, including hotels, bottleshops, accommodation, and food and beverage offerings, with a particular focus on gaming, wagering, family bistros, sports bars, retail liquor, entertainment and accommodation. Black Rhino (Granville) Pty Ltd and the trustee for the It Is What It Is (Granville) Trust are part of the Black Rhino Group. The Black Rhino Group has 5 licensed venues and locations in Queensland. Granville Hotel Qld Pty Ltd (**Vendor**) owns and operates the freehold land, buildings, licences and business assets (both tangible and intangible) of: * Granville Tavern and Motel; and * Cambridge Street Bottle Shop & Cellars. Granville Tavern and Motel is a commercial hotel motel business which offers dining, accommodation and gaming machines. Cambridge Street Bottle Shop & Cellars is a bottle shop that offers packaged liquor for off-premises consumption. Both businesses are based in Granville, Queensland. Black Rhino (Granville) Pty Ltd and the trustee for the It Is What It Is (Granville) Trust propose to acquire 100% of the Vendor’s interest in the aforementioned businesses, together with the relevant freehold from which the businesses operate.