Toowoomba City, Queensland
IDEAL FAMILY VENTURE WITH 25 YEAR LEASE - 1920ML
LEASEHOLD $1,195,000
Business Description
- Well presented 33 rooms
- Double story brick motel leasehold on major arterial road
- Ideal family opportunity.
- 25 year plus lease
- Consistent Turnover $1,450,000+
- Full Properties Statistic, Financial BAS Returns & Lease Details Available for Genuine Parties.
Net Profit: $420,000 as provided by vendor
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1920ML (quote when enquiring)
Property Code: 4882
Business Summary
Key Investment Insights
1. Well-established and profitable double story brick motel with 33 rooms
2. Located on a major arterial road, providing high visibility and easy access for guests
3. Ideal opportunity for a family to run and manage the business together
4. Long-term lease of 25 years or more, providing stability and potential for growth
5. Consistent turnover of $1,450,000+ per year, indicating a strong and stable business
6. Comprehensive property statistics, financial BAS returns, and lease details available for interested parties
7. Net profit of $420,000 as provided by the vendor, demonstrating a successful and profitable business
8. Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection
9. Property ID: 1920ML (quote when enquiring)
10. Property Code: 4882, indicating a well-managed and organized business.
