Bundaberg West, Queensland

GREAT LEASEHOLD IN BUNDABERG. QLD.

SOLD

Business Description

We are very pleased to be appointed to market the leasehold interest of the Best Western Bundaberg City Motor Inn.
This outstanding Motel is located on Bourbong Street in the heart of Bundaberg. The city is a very vibrant one with a history of high occupancy in the Motel Industry.
This 17 unit Motel has been a favourite for return guests for many years and boasts occupancy of over 80%,
The current owners have operated this Motel for over 7 years and it is now time for retirement.
All suites are fully renovated and have queen beds.
This is a very solid business with great financials and rent ratio!
Net profit $224,207

Business Summary

Marketing Agent
Steve Kuorikoski
Steve Kuorikoski

    Key Investment Insights

    1. Located in the heart of Bundaberg, a vibrant city with a history of high occupancy in the Motel Industry.
    2. 17 fully renovated units with queen beds, a favourite for return guests.
    3. Occupancy rate of over 80%, indicating a strong demand for accommodation in the area.
    4. Current owners have operated the Motel for over 7 years, showing a successful track record.
    5. Great financials and rent ratio, indicating a profitable and well-managed business.
    6. Net profit of $224,207, providing a solid return on investment.
    7. Best Western brand affiliation, offering a trusted and recognized name in the hospitality industry.
    8. Opportunity for growth and expansion with potential for increasing occupancy and revenue.
    9. Ideal for an owner-operator or as a passive investment.
    10. Retirement of current owners presents an opportunity for a new owner to take over and continue the success of the business.
    Listing location

    This Business is sold

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