100 Kingaroy Street, Kingaroy, Queensland
Leasehold interest-new 35 year lease - Pioneer Lodge Motel
*First time offered in 20 years
*3.5 star rated
*Consistent year on year growth prior to Covid
*Opportunity for further growth
*Modern living accommodation
*Recently refurbished 20 room Motel
*Restaurant/Dining room (60 seat) fully licenced only open for functions
*Average Net Profit over last 4 years (after rent) $150,527 per annum
Leasehold Sale Price $500,000 plus SAV
Key Investment Insights1. Established business with a strong track record of success - This business has been operating for 20 years and has consistently shown growth year on year, indicating a stable and profitable business model.
2. 3.5 star rating - The motel's 3.5 star rating indicates a good level of quality and service, making it an attractive option for potential customers.
3. Opportunity for further growth - The business has potential for further growth, which presents an opportunity for the new owner to increase profits.
4. Modern living accommodation - The living accommodation for the owner is modern and well-maintained, providing a comfortable and convenient living space.
5. Recently refurbished 20 room motel - The motel has been recently refurbished, ensuring that it is up-to-date and appealing to customers.
6. Restaurant/dining room with a 60-seat capacity - The fully licensed restaurant and dining room provides an additional source of income for the business, and has the potential to attract more customers.
7. Average net profit of $150,527 per annum - The business has a strong financial performance, with an average net profit of $150,527 per annum over the last 4 years.
8. First time offered in 20 years - This is the first time the business has been offered for sale in 20 years, indicating a stable and successful business.
9. New 35 year lease - The new 35 year lease provides security and stability for the new owner, allowing them to focus on growing the business.
10. Affordable sale price - The leasehold sale price of $500,000 plus SAV is affordable and represents a good investment opportunity for potential buyers.