Crows Nest, Queensland
Attractive Freehold Motel S.E.QLD
SOLD
Business Description
We are very pleased to be appointed to market the Freehold interest of this exciting opportunity.
This outstanding Motel is located on the New England Hwy just 25 minutes from Toowoomba.
The 12 unit Motel has been a favorite for return guests for many years and they also pick up a lot of passing traffic.
The current owners built the Motel and have operated it for over 21 years and it is now time for retirement. ( First time on Market )
All suites and bathrooms are fully renovated as this one is a true 4 star.
The residence is a very large 4 bed 2 bath home including 3 lock up garages, all sitting on 2.5 acres with plenty of room to expand.
This is a very solid business with great financials and plenty left for new owners to apply.
This is a must to inspect, if you are looking for an opportunity.
Net $158,912
Business Summary
Key Investment Insights
1. Well-established and successful business with a loyal customer base and strong reputation.
2. Prime location on a major highway, providing high visibility and easy access for travelers.
3. Long-standing ownership and first time on the market, indicating stability and potential for growth.
4. Fully renovated suites and bathrooms, offering a high-quality and modern experience for guests.
5. Spacious and well-maintained 4-bedroom residence with potential for expansion on 2.5 acres of land.
6. Strong financials with a net income of $158,912, providing a solid return on investment.
7. Opportunity for new owners to further improve and grow the business.
8. Ideal for those seeking a lifestyle change or looking to enter the hospitality industry.
9. Must-see for anyone interested in a profitable and attractive freehold motel in Southeast Queensland.