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 suggests potential for growth and improvement.
3. The fitted 70 seat restaurant is currently non-operational, providing a significant opportunity for the new owner to generate additional revenue.
4. The property offers a range of facilities, including an outdoor swimming pool, free parking, free Wifi, and non-smoking rooms, catering to a variety of guests.
5. The inclusion of room service and facilities for disabled guests may attract a wider range of customers.
6. The presence of a restaurant, bar, and breakfast options provides convenience and potential for additional income.
7. The property offers family rooms, making it suitable for families and groups.
8. The property is located in Western Queensland, a popular tourist destination, providing a steady flow of potential customers.
9. The annualised profit of $462,838 suggests a strong and profitable business.
10. The vendor is willing to provide finance terms on a $1,100,000 deposit to an approved applicant, making the purchase more accessible for potential buyers.
