Gayndah, Queensland
GENUINE/SERIOUS OFFERS - 2892ML
LEASEHOLD $1,400,000 + sav
Business Description
LEASEHOLD HOTEL MOTEL FOR SALE - Due to owner's personal reasons we are requested to ask for genuine / serious offers.
Well-maintained and presented brick Hotel/Motel opportunity. Offering the complete cross section of guest facilities. Would ideally suit a family run operation but could be run under supervised management.
- Low set brick complex.
- Independent house for owners.
- Only 2 hotels in thriving citrus region.
- 18 gaming machines ($1,050,000 Annual T/O).
- 23 motel rooms.
- Long secure lease.
- No maintenance required.
- Drive thru - $1,000,000 (P/A).
- Currently run under management with huge potential to increase this business.
- First to inspect with buy.
Adjusted Net Profit: $370,290 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2892ML (quote when enquiring)
Property Code: 5373
Business Summary
Key Investment Insights
1. Leasehold hotel/motel with a long, secure lease, reducing tenancy and occupation risk for a buyer.
2. Strong adjusted net profit of $370,290 for 2024/25, providing immediate cashflow.
3. Multiple established revenue streams, including 18 gaming machines reported with $1,050,000 annual turnover, and a drive-thru generating $1,000,000 per annum.
4. 23 motel rooms offering substantial accommodation capacity and room revenue potential.
5. Well-maintained, low-set brick complex requiring no maintenance, lowering short-term capital expenditure.
6. Independent on-site house for owners, supporting owner-operator lifestyle or on-site management.
7. Located in a thriving citrus region with only two hotels, suggesting limited local competition and strong market position.
8. Currently operated under management, enabling passive ownership or transition to a family-run operator for margin improvement.
9. Clear upside opportunity, described as having huge potential to increase the business beyond current performance.
10. Vendor-driven sale for personal reasons and request for genuine offers, indicating potential for a timely transaction.