Killarney, Queensland
UNDER CONTRACT. 21% ROI Beautiful Hotel & Motel in the heart of town. 1P5258
SOLD
Business Description
EXCLUSIVE TO CRE BROKERS. It's true, a genuine to market 20% Return on Investment FGC Hotel Motel with all retail income streams covered.
Hotel $2,090,000 + Motel $650,000.
The only hotel in town and servicing the picturesque region that is the source of the Condamine River on the Southern Downs.
Look what is on offer:
. Two hours from Brisbane
. Turnover trend line is strong
. 5 gaming machines
. A drive through bottle shop
. Very strong food and beverage
. 15 hotel rooms,
. 6 self-contained room motel and pharmacy commercial rental income
. $16m local infrastructure spending and development
. Annual Turnover > $2m (ex GST)
Business Summary
Key Investment Insights
1. The business for sale consists of a hotel and motel in a picturesque region with a strong turnover trend line.
2. The hotel is the only one in town and services the region that is the source of the Condamine River.
3. The business has a genuine to market 20% return on investment.
4. The hotel has 5 gaming machines and a drive through bottle shop, contributing to its strong food and beverage sales.
5. The motel has 6 self-contained rooms and also generates additional income from a pharmacy commercial rental.
6. The location is only two hours from Brisbane, making it easily accessible for both locals and tourists.
7. The region is experiencing significant development and infrastructure spending, which could potentially drive future growth for the business.
8. The annual turnover for the business is over $2 million (excluding GST).
9. The business is exclusive to CRE Brokers, providing a unique opportunity for potential buyers.
10. The business has a high ROI of 21%, making it a potentially lucrative investment opportunity.
