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 highly regarded motel with a loyal customer base and high occupancy rates.
2. Prime location on the New England Highway, a major thoroughfare, providing excellent exposure and easy access for guests.
3. Long-standing owners with over 21 years of successful operation and a strong reputation in the industry.
4. Recently renovated suites and bathrooms, maintaining a high standard of quality and comfort for guests.
5. Spacious and well-maintained 4-bedroom, 2-bathroom residence with 3 lock up garages included in the sale.
6. Large 2.5-acre property with potential for expansion and growth opportunities.
7. Strong financial performance with a net profit of $158,912.
8. Ideal business opportunity for new owners looking to enter the hospitality industry or expand their current portfolio.
9. First time on the market, offering a rare chance to acquire a well-established and profitable business.
10. Must-see for serious buyers looking for a solid and attractive investment opportunity in the South East Queensland region.