Roma, Queensland

IMPRESSIVE FHGC MOTEL - STRONG REGIONAL QLD TOWN

$7,700,000 FHGC

Business Description

Opportunity to secure a freehold going concern motel, located in booming Roma. With 29 self-contained apartments and nine motel style rooms, the scale of this property is impressive. Eleven apartments were fully renovated from top to bottom over the last two years. High occupancy of 74 per cent, with over 50 per cent repeat corporate trade. Increasing turnover and high net profit

- Extensive refurbishment undertaken.

- Key contacts with huge market share

- 29 of 38 rooms/suites fully self-contained

- Currently run under management with owners doing relief management

- Great staff retained on above award wages.

- Strong tariffs with yearly growth

- High 74% occupancy with better than 50% repeat trade

- Only 5% food and beverage

- Land for future development (STCA)

Call now for further information

Property Code: 1179

Business Summary

Marketing Agent
Premier Business Sales

Premier Business Sales

Key Investment Insights

1. The business for sale is a freehold going concern motel located in a booming regional town in Queensland.
2. The property consists of 29 self-contained apartments and nine motel-style rooms, making it a large and impressive property.
3. Eleven of the apartments have been fully renovated in the last two years, indicating a commitment to maintaining and improving the property.
4. The motel has a high occupancy rate of 74%, with over 50% of guests being repeat corporate clients.
5. The business has shown increasing turnover and a high net profit.
6. The property has undergone extensive refurbishment, making it a modern and attractive option for guests.
7. The business has established key contacts and has a significant market share in the area.
8. The majority of the rooms (29 out of 38) are fully self-contained, providing guests with a comfortable and convenient stay.
9. The business is currently run under management, with the owners only doing relief management.
10. The staff are well-trained and retained on above award wages.
11. The motel has strong tariffs with yearly growth, indicating a stable and profitable business.
12. The food and beverage component of the business is only 5%, allowing for potential growth in this area.
13. The property also has land available for future development, subject to council approval.
14. Interested buyers are encouraged to contact the seller for further information.
15. The property is listed under Property Code 1179.
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