Toowoomba, Queensland
4 star Motel Lease S.E.Qld
SOLD
Business Description
This is a fantastic opportunity for a husband/wife team to purchase a 4 star 20 room Motel business in the heart of a major S.E.Qld city, for a small capital outlay. A profitable business which has been run under management, there is plenty of upside for enthusiastic and motivated owners.
Trading at $260,000 net profit, this business only needs good operators to take advantage of this opportunity. The location is ideal – in the centre of the fastest growing area in Qld.
Major contract awarded for the next fortunate buyer.
Large comfortable modern 3 bedroom, 2 bathroom owners residence + single lock-up garage, Guest Laundry - coin operated washing machine and dryer, Large Front office / back office, Ample storage, In-ground swimming pool, Small dining room / Bar (seats up to 11) Meals to rooms upon request, Excellent Location, Extremely well presented & maintained to a VERY high standard
Business Summary
Key Investment Insights
1. Profitable business with potential for growth
2. Ideal location in a fast-growing area
3. Opportunity for husband/wife team to run the business
4. Well-maintained and presented to a high standard
5. 20 room 4-star motel with modern amenities
6. Large comfortable 3 bedroom, 2 bathroom owner's residence
7. Additional features such as guest laundry and swimming pool
8. Potential for additional revenue through meals to rooms
9. Major contract awarded for next buyer
10. Run under management, providing opportunity for new owners to make improvements
11. Low capital outlay required for purchase
12. Ample storage and office space
13. Potential for increased occupancy rates with motivated owners
14. Located in the heart of a major city in S.E.Qld
15. Opportunity to be part of a thriving hospitality industry.
