Rockhampton City, Queensland
RARE, FIRST TIME OFFERED IN 15 YEARS, GREAT SECURE MONEY MAKER - 2709ML
SOLD
Business Description
Reduced by $105,000, too good to pass up. Exceptional opportunity with all bathrooms recently renovated. Strong corporate structure support and sytems.
Beef Capital of Australia servicing 120,000+ in the region. Rare offering strong future, tourist attraction in its own right and close to quality well diversified markets being, Beef, Mining, Education, Medical, services, the full range making it a safe location with strong growth.
- Only Best Western in Rockhampton.
- Part of exceptional and strong franchise branding group that is growing, adding value and creating business opportunities.
- Exceptional 34 unit modern motel which has newly renovated bathrooms throughout.
- Fully Licensed restaurant and bar.
- Solid brick construction (low noise) with barbeque area and inground swimming pool at front.
- Profile convenient position with plenty of signage on the Bruce Highway.
- 27 year lease in place.
- Turnover in excess of $1M (FY21) and growing strongly.
- Significant repeat Corporate trade.
- Onsite residence with direct internal access to reception that can easily be expanded to four bedrooms or remain as is.
- Mix of high-quality rooms to better cater for the market and various price points.
- Well-staffed restaurant and cleaning, etc. (reliable), good solid long-term team.
- LEASEHOLD MOTEL
Being part of the Best Western team, you have access to very well-established training and support, and you will quickly become part of the team. They have a vested interest in you being able to do your best and the systems and network that add value to allow that to happen.
Net Profit: $263,252 for 2020/21; $307,139 expected for 2022/23 (and growing)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2709ML (quote when enquiring)
Property Code: 4156
Business Summary
Key Investment Insights
1. Rare opportunity to purchase a well-established and highly profitable motel in the Beef Capital of Australia.
2. Strong corporate structure and support from the Best Western franchise.
3. Recently renovated bathrooms throughout the 34 unit modern motel.
4. Fully licensed restaurant and bar on site.
5. Convenient location with plenty of signage on the Bruce Highway.
6. 27-year lease in place.
7. Turnover in excess of $1M and growing strongly.
8. Significant repeat corporate trade.
9. Onsite residence with potential for expansion.
10. Mix of high-quality rooms catering to various price points.
11. Well-staffed with a reliable, long-term team.
12. Access to training and support from Best Western.
13. Expected net profit of $307,139 for 2022/23.
14. Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
15. Property ID: 2709ML.
