Nanango, Queensland
GREAT FIRST MOTEL FOR YOUNG FAMILY OR COUPLE - 2145ML
UNDER CONTRACT
Business Description
- Winner of the best motel within the South Burnett region awards.
- Net Profit after Rent circa $249,000.
- High occupancy rates year on year, with potential to increase room rates and income.
- 16-unit motel with various room configurations.
- 19 years remain on the lease from October 2024.
- Strong repeat corporate business.
- Brick/block construction with undercover parking.
Very easy to run Motel, perfect for first time operators, with the current owners managing with one casual cleaner, so wages are kept to a minimum.
The majority of trade is repeat business from long established companies and Tradies that service the nearby power station and adjacent coal mine.
Nanango boasts excellent schools both public and private, eateries and the charming feel of a genuine country town just two hours to the Sunshine Coast.
Current owners have spent over $225,000 over the last two years on replacements and upgrades including installation of solar and EV charging stations.
The owner's accommodation comprises of three bedrooms, air conditioning, all with built-ins, large living area with air conditioner and wood fireplace.
Adjusted Net Profit: $248,923 for 2024/25 (as provided by vendor)
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2145ML (quote when enquiring)
Property Code: 5274
Business Summary
Key Investment Insights
1. Net profit after rent is approximately $249,000.
2. High occupancy rates year on year.
3. Potential to increase room rates and income.
4. 16-unit motel with various room configurations.
5. 19 years remaining on the lease.
6. Strong repeat corporate business.
7. Brick/block construction with undercover parking.
8. Easy to run motel, perfect for first time operators.
9. Majority of trade is from repeat business.
10. Located in a charming country town with excellent amenities.
11. Recent upgrades and replacements totaling over $225,000.
12. Owner's accommodation includes three bedrooms and modern amenities.
13. Adjusted net profit projected to be $248,923 for 2024/25.
14. Contact Richard O'Connell from Tourism Brokers for more information or to arrange an inspection.
15. Property ID: 2145ML.
16. Property Code: 5274.
