HUGE RELIABLE MONEY AREA PLUS QUALITY HOME AND MOTEL OFFERING - 2580ML
SOLD
Business Description
- Exceptionally reliable money maker, the best in town and a booming business.
- Established and regular business.
- Spacious 3 bedroom residence.
- Fantastic opportunity to make good money and have a life.
- Solid return on investment and only recent created a website.
- Strong mix of government and corporate clients.
- Located close to tourist sites with increasing tourism.
- Regular and reliable return clientele.
- Extensive replacements have been purchased and additional upgrades completed: $65,000 Solar; All beds and televisions replaced; $30,000 on new kitchen; Barbeque installed; All rooms have tables out the front for guests to use.
- Easily managed by a couple.
- Popular location that does not need a website but would benefit considerably allowing you to add instant value.
- 25 modern units in the facility on profile corner block with a bonus restaurant area that has huge upside and is not currently utilised to capacity (Refer financials).
- Diversified business with a number of income streams.
- Built in 2001, the property is modern and well presented.
- Exceptional professional Landlord with a long lease.
- Fantastic starter or a property for a family seeking a long term reliable cashflow business.
- Modern, low maintenance brick construction with iron roof.
- Close to all amenities in addition to the tourism sites the area has to offer, guests can easily use the property as a base and have a long-term stay.
- When your guest are feeling hungry the motel is within walking distance of Mud Hut Hotel, Treats for Your Table or Moonrock Cafe. And if they are looking for something to do the Cambridge Downs Heritage Centre is a nice way to spend some time and also close by.
- This is an outstanding opportunity and worthy of your close consideration.
Net Profit: $327,769 estimated for 2022/23
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2580ML (quote when enquiring)
Location: Richmond is a small outback town, located halfway between Townsville and Mount Isa, which is essentially a service centre for the surrounding sheep and beef pastoral community. Characterised by a wide main street (Goldring Street) it is enhanced by its median strip gardens of bougainvilleas, native trees and shrubs. When you're feeling hungry, you can check out Mud Hut Hotel (0.1 km), Treats For Your Table (0.5 km), or Moonrock Cafe (0.1 km), which are all within walking distance of the motel.
