Herston, Queensland

Motel business for sale in Herston

SOLD

Business Description

- 21 semi self contained rooms located in Royal Brisbane & Women's Hospital precinct
- Operating at 75% occupancy
- Freehold residence in property
- Very strong repeat clientele business
- Ability to run off premise
- Currently run under management

Business Summary

Marketing Agent
Terry George
Terry George

Ray White Commercial Toowoomba

Ray White Commercial Toowoomba

Key Investment Insights

1. Prime location in the Royal Brisbane & Women's Hospital precinct, providing a steady stream of potential customers.
2. High occupancy rate of 75%, indicating a strong demand for accommodation in the area.
3. Freehold residence included in the sale, providing potential for additional income or owner accommodation.
4. Established and loyal repeat clientele, indicating a good reputation and quality service.
5. Potential for off-premise management, allowing for flexibility and potential for growth.
6. Currently run under management, providing an opportunity for a new owner to take over and make their mark on the business.
7. 21 semi self-contained rooms, providing a variety of accommodation options for guests.
8. Potential for expansion or renovation to increase revenue and attract more customers.
9. Proximity to a major hospital may provide opportunities for partnerships or contracts with medical professionals.
10. Strong potential for growth and profitability in the booming hospitality industry.
Listing location
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This Business is sold

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