Toowoomba City, Queensland

Toowoomba Leasehold Motel Opportunity - 2006ML

LEASEHOLD $900,000

Business Description

- Low-set 21 unit brick motel.

- Comprising self-contained family units, double and twin units.

- Located in the western suburbs with limited competition.

- Comfortable three-bedroom manager’s unit.

- Good guest parking.

- Located on a major arterial road with good exposure.

- Easily managed.

- Swimming pool, barbeque and outdoor entertaining area.

- No restaurant.

- 10 year lease that can be increased.

Net Profit: $278,980 for 2024/25 (11 months - as provided by vendor)

Contact Laurence from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2006ML (quote when enquiring)

Property Code: 5206

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

1. The motel has a diverse range of accommodation options including self-contained family units, double and twin units, catering to a variety of guests.
2. Located in the western suburbs, the motel has limited competition in the area, providing a unique opportunity for potential growth and success.
3. The manager's unit is a comfortable three-bedroom space, providing convenient on-site accommodation for the manager.
4. The motel has ample guest parking, ensuring a hassle-free stay for guests.
5. Situated on a major arterial road, the motel has good exposure and accessibility for potential guests.
6. The motel is easily managed, making it an ideal opportunity for first-time motel owners or those looking for a low-stress business venture.
7. The property features a swimming pool, barbeque, and outdoor entertaining area, providing additional amenities for guests to enjoy.
8. As there is no restaurant on-site, there is no need for additional staff or expenses, making it a more cost-effective business to run.
9. The 10-year lease can be increased, providing potential for long-term stability and growth for the business.
10. The net profit for 2024/25 is projected to be $278,980, providing a strong financial outlook for potential buyers.
11. Interested parties can contact Laurence from Tourism Brokers for further information or to arrange an inspection of the property.
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