Goomeri, Queensland
CONSISTENTLY PROFITABLE, EASY TO RUN LEASEHOLD MOTEL - 1994ML
LEASEHOLD $450,000
Business Description
- Very well maintained and presented 11 unit motel
- Easily run by one person.
- Excellent trading motel with no competitors - 70% plus occupancy
- Solar System installed, bathrooms refurbished in 2023, hot water system replaced 2023
- Long-time consistent performer
- Mix of clientele
- Minimal maintenance going forward
- Would benefit from owner operators
- No tariff increases since 2023
- Opportunity to improve the bottom line by providing evening meals
- Well worth inspecting.
This very well presented 11 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.
Goomeri hosts the annual Goomeri Pumpkin festival in May, which draws large crowds and provides a reliable seasonal boost to revenue. In addition to these attributes, the motel serves as a base for visitors exploring the Kilkivan to Kingaroy Rail Trail and the South Burnet region.
The Motel sits on a large 1,977 sqm corner block and includes two motel wings and a vacant building block. One Motel 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, minimal maintenance adds up to a great business that can be easily run by a single or a couple.
A genuine lifestyle business and an opportunity you should not miss! Come and have a look great motel great business.
Adjusted Net Profit: $280,060 for 2024/25 (vendor supplied)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1994ML (quote when enquiring)
Property Code: 5445
Business Summary
Key Investment Insights
1. Consistently profitable business, adjusted net profit $280,060 for 2024/25, vendor-supplied.
2. Easily run by one person or a couple, minimal ongoing maintenance.
3. Eleven-unit leasehold motel, rooms refurbished to AAA 3.5 star standard.
4. Sole motel in the area, effectively no local competitors.
5. Strong occupancy, consistently above 70 percent.
6. Recent capital upgrades include solar system, bathrooms refurbished 2023, hot water system replaced 2023.
7. Large 1,977 sqm corner block, two motel wings plus a vacant building block offering expansion or development potential.
8. Covered parking for four rooms, shade sails for eight rooms, and a covered outdoor dining area.
9. Location appeal: 85 km inland from Gympie in the South Burnett, just over two hours from Brisbane, Toowoomba, Bundaberg and the Fraser and Sunshine Coasts.
10. Reliable seasonal demand from the annual Goomeri Pumpkin Festival and visitation for the Kilkivan to Kingaroy Rail Trail and South Burnett region.
11. Clear upside to improve returns by offering evening meals and through active owner-operator management.
