Goomeri, Queensland
CONSISTENTLY PROFITABLE, EASY TO RUN FREEHOLD MOTEL - 1994MF
SOLD
Business Description
- Very well maintained and presented 10 unit motel.
- Easily run by one person.
- 4 bedroom, 2 bathroom residence that provides dual living areas.
- Excellent trading motel with no competitors.
- New Solar System installed, bathrooms refurbished, new hot water system.
- Long-time consistent performer.
- Mix of clientele.
- Minimal maintenance going forward.
- Would benefit from owner operators.
- Newly Licensed.
- No tariff increases for some years.
- Opportunity to improve the bottom line by providing evening meals.
- Adjoining vacant land included.
- Well worth inspecting.
- Freehold Motel - ROI 16%
This very well presented 10 unit motel is located just 85 kms inland from Gympie, in the South Burnett district, just over two hours drive from the major centres of Brisbane, Toowoomba, Bundaberg and the Fraser and Sunshine Coasts.
The Motel sits on a large 1,977 sqm corner block and includes two motel wings and a vacant building block. One wing comprises four rooms and the other wing, six rooms, separated by a guest laundry. All rooms have been refurbished to AAA 3.5 star standard. Better still it's the only motel in the area.
There is under cover parking to four rooms and the other eight are covered by new shade sails. There is also a covered area used for outdoor dining.
Boasting long term consistent returns, a new liquor license, minimal maintenance adds up to a great business that can be easily run by a single or a couple.
Other features include a rare four bedroom, two bathroom residence that offers dual living.
A genuine lifestyle business and an opportunity you should not miss! Come and have a look great motel great business.
Net Profit: $240,408 for 2021/22 (vendor supplied)
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1994MF (quote when enquiring)
Property Code: 4166
Business Summary
Key Investment Insights
1. Well-maintained and presented 10 unit motel with consistent profitability.
2. Easy to run with potential for single person operation.
3. Includes a 4 bedroom, 2 bathroom residence with dual living areas.
4. Located in an excellent trading area with no competitors.
5. Recent upgrades including a new solar system, refurbished bathrooms, and new hot water system.
6. Long-time consistent performer with a mix of clientele.
7. Minimal maintenance required going forward.
8. Potential for increased profitability with owner operators.
9. Newly licensed with no tariff increases for several years.
10. Opportunity to further improve profits by offering evening meals.
11. Adjoining vacant land included in the sale.
12. Freehold motel with a ROI of 16%.
13. Located in a popular tourist region, just over two hours drive from major cities.
14. Large 1,977 sqm corner block with two motel wings and a guest laundry.
15. Undercover parking for four rooms and shade sails for the remaining eight.
16. Rare four bedroom, two bathroom residence with dual living.
17. Genuine lifestyle business opportunity.
18. Net profit of $240,408 projected for 2021/22.
19. Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
20. Property ID: 1994MF (quote when enquiring).
