Goondiwindi, Queensland
HUGE UPSIDE FOR LEASEHOLD MOTEL - 1811ML
SOLD
Business Description
Opportunity awaits for a motivated new owner.
- 19 budget rooms in quiet position only 400ms from the main street.
- Walk to CBD, shops, pubs, restuarants, etc.
- Onsite pool, barbeque area and low maintenance grounds.
- Undercover parking for guests.
- 2 bedroom residence attached to motel but separate to reception.
- No restaurant, only breakfast if you choose to offer it.
Goondiwindi is one of the strongest motel towns in all of Queensland and here is your chance to get a foot in the door and make some serious coin if you are willing to put in the hard work.
This is a serious opportunity to add capital value to your asset. This is a town where some motels run over 90% occupancy and you have a starting point around 60%. Don’t be fooled, you are not buying a high 4 star property but the bones are here and with 19 rooms, small improvements will add to the bottom line very quickly. It can be easily managed by a hands-on couple with casual cleaners. This is an ideal first-time operation .
Be brave and set your sights on making a change today!.
Turnover $406,086 for 2021/22 and $266,012 for July-December 2022 (6 months)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1811ML (quote when enquiring)
Property Code: 3071
Business Summary
Key Investment Insights
1. Opportunity for motivated new owner to take over this leasehold motel.
2. Quiet location only 400ms from the main street.
3. Walking distance to CBD, shops, pubs, restaurants, etc.
4. Onsite amenities include pool, barbeque area, and low maintenance grounds.
5. Undercover parking for guests.
6. 2 bedroom residence attached to motel, separate from reception.
7. No restaurant, only breakfast if desired.
8. Goondiwindi is a strong motel town in Queensland.
9. Potential for high occupancy rates, currently at 60%.
10. Small improvements can quickly add to bottom line.
11. Ideal for hands-on couple with casual cleaners.
12. Opportunity for first-time operation.
13. Turnover of $406,086 for 2021/22 and $266,012 for July-December 2022 (6 months).
14. Contact Tony Johnson from Tourism Brokers for more information or to arrange an inspection.
15. Property ID: 1811ML (quote when enquiring).
16. Property Code: 3071.
