Mount Isa City, Queensland
WESTERN QLD FREEHOLD MOTEL OPPORTUNITY - 1942MF
UNDER CONTRACT
Business Description
This 28 room property has been operated under management for 12 years and is a SUPERB opportunity for an operator to enhance this concern. Furthermore a fitted 70 seat restaurant is currently non-operational. This has huge upside to the new owner to reopen to cater for overnight stays and general local community.
Facilities:
- Outdoor swimming pool
- Free parking
- Free Wifi
- Non-smoking rooms
- Room service
- Facilities for disabled guests
- Restaurant
- Family rooms
- Bar
- Breakfast
- Barbeque area
Net Profit: $462,838 annualised profit
NOTE: Vendor Will Provide Finance Term on $1,100,000 Deposit to Approved Applicant
Contact Tourism Brokers for further information or to arrange an inspection.
Property ID: 1942MF (quote when enquiring)
Property Code: 4976
Business Summary
Key Investment Insights
1. The property has been operated under management for 12 years, indicating a successful and established business.
2. The opportunity for an operator to enhance the business presents potential for growth and increased profitability.
3. The fitted 70 seat restaurant is currently non-operational, providing a huge upside for the new owner to reopen and cater to overnight stays and the local community.
4. The property offers a range of facilities including an outdoor swimming pool, free parking, free Wifi, non-smoking rooms, room service, and facilities for disabled guests.
5. The inclusion of a restaurant, bar, and barbeque area provides additional amenities for guests and potential for increased revenue.
6. The annualised profit of $462,838 is a strong indication of the profitability of the business.
7. The vendor is willing to provide finance terms on the $1,100,000 deposit for an approved applicant, making the purchase more accessible.
8. Contacting Tourism Brokers for further information or to arrange an inspection is recommended for interested buyers.
9. The property ID for this listing is 1942MF and should be quoted when enquiring.
10. The property code for this listing is 4976.
