Mount Isa City, Queensland

Queensland Freehold In the Centre of Town 20% Roi

SOLD

Business Description

Premier Business Sales are proud to bring to the market this 26 room motel as a Freehold Going Concern, with an excellent opportunity for a new owner to grow the profits. The motel features 26 rooms of various configurations and caters for all your needs.

The property has been run under management for many years and is a great opportunity for an operator who can see the motels potential or somebody looking for a freehold motel with massive upside.

A shed on the property has a lease with income of $50,000 per year to add to the bottom line.

Nett $710,743

Management happy to stay on.

Property Code: 1151

Business Summary

Marketing Agent

Charlie Eames

Jim Beard

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel for sale in Queensland, with potential for growth and high return on investment (20% ROI).
2. Located in the centre of town, making it easily accessible and convenient for guests.
3. Features 26 rooms of various configurations, catering to a diverse range of needs.
4. Currently run under management, providing an opportunity for a new owner to take over and increase profits.
5. Potential for further growth and development, with a shed on the property generating additional income of $50,000 per year.
6. Strong financial performance, with a nett profit of $710,743.
7. Management is willing to stay on, providing continuity and expertise for the new owner.
8. Property Code: 1151, indicating a well-established and reputable business.
9. Ideal for an owner-operator or investor looking for a freehold motel with potential for growth and high returns.
10. Located in a popular tourist destination, providing a steady stream of potential customers.