Hervey Bay, Queensland
SOLD - Best Western Ambassador Hervey Bay
SOLD
Business Description
CRE Brokers are pleased to be appointed as the Exclusive Agency for the sale of one of the best motels in the Hervey Bay / Fraser Coast area, as a Leasehold business.
Ideally positioned on the Esplanade, opposite Pialba Bay Beach and a short' walk to shops, the RSL Club and other dining facilities.
This motel is extremely well presented and well-appointed with high quality furniture, fixtures and fittings. Since 2023, 18 rooms have been fully renovated to a high standard.
Showing a high Net Profit for the 2023/24 financial year and an even greater year expected for 2024/25. The upside to this business is enormous.
With Hervey Bay experiencing massive growth, do not delay in contacting Craig or Ronnie to arrange an inspection of this fantastic business opportunity.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Fraser CoastKey Investment Insights
1. Prime location on the Esplanade, with beach access and close proximity to shops and dining facilities.
2. High quality and well-presented motel with modern furnishings and fixtures.
3. Recent renovations to 18 rooms have improved the overall appeal and profitability of the business.
4. Strong financial performance, with a high Net Profit for the 2023/24 financial year and expected growth for 2024/25.
5. Huge potential for further growth and increased profitability in line with the rapid growth of Hervey Bay.
6. Exclusive agency appointment with CRE Brokers, a reputable and experienced agency in the hospitality industry.
7. Leasehold business, offering a more affordable investment opportunity compared to freehold properties.
8. Located in the popular tourist destination of Hervey Bay, with high demand for accommodation.
9. Well-established and reputable brand as a Best Western Ambassador motel.
10. Opportunity for new owners to capitalize on the strong tourism market and further improve the business.
