Nanango, Queensland
GREAT PERFORMING MOTEL LEASE - 2050ML
SOLD
Business Description
- Long term consistent performer.
- 20 very well maintained rooms, 10 self-contained.
- Continual repeat business.
- Centre of town location, short walk to eateries.
- Easy to run motel by a couple.
- Good landlord.
- A must to inspect!
This 20 room, 3.5 star leasehold motel has been a consistent performer over a long period of time. The majority of rooms have been refurbished including the bathrooms meaning there isn’t much to do now but reap the rewards. It’s now time for them to move on.
Nanango is a good sized country town located on the D'Aguilar and Burnett Highways, 190 Klms north-west of Brisbane and two hours from the sunshine coast. The town centre has convenience and food stores, a supermarket, hardware, restaurants, petrol outlets, and two banks. Nanango also has several parks, playing fields, and a state-of-the-art aquatic centre. Two cellar doors are also located within a few blocks of the centre of town. The Tarong Power Station and Meandu Coal Mine are located 16km to the south of the town and the Bunya Mountains are located about 53km to the south-west.
Net Profit: $227,304 for 2021/22
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2050ML (quote when enquiring)
Property Code: 4499
Business Summary
Key Investment Insights
1. Consistent performer with a long history of success.
2. Majority of rooms have been refurbished, making it ready for new owners to reap the rewards.
3. Continual repeat business from satisfied customers.
4. Convenient location in the center of town, close to eateries.
5. Easy to manage by a couple, making it an ideal business for owner-operators.
6. Good landlord, providing a stable and supportive environment for the business.
7. Located in a growing and vibrant country town with various amenities and attractions.
8. Potential for growth and expansion with the Tarong Power Station and Meandu Coal Mine nearby.
9. Net profit of $227,304 for 2021/22, providing a solid return on investment.
10. A must-see opportunity for anyone looking to enter the motel industry.
