Toowoomba City, Queensland
Toowoomba Leasehold Motel Opportunity - 2006ML
SOLD
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
Key Investment Insights
1. Prime location in western suburbs with limited competition, providing a strong potential customer base.
2. Diverse range of accommodation options including self-contained family units, double and twin units, catering to a variety of guests.
3. Comfortable and spacious three-bedroom manager's unit, providing a convenient on-site living option for owners.
4. Ample guest parking, making it easy for guests to access and stay at the motel.
5. Located on a major arterial road with good exposure, increasing visibility and potential for passing trade.
6. Easily managed, making it an ideal opportunity for first-time motel owners or those looking for a low-stress business.
7. Additional amenities such as a swimming pool, barbeque, and outdoor entertaining area, providing a range of options for guests to relax and enjoy their stay.
8. No restaurant, reducing overhead costs and allowing for a more streamlined business operation.
9. 10-year lease with potential for increase, providing stability and potential for long-term growth.
10. Strong projected net profit of $278,980 for the 2024/25 financial year, providing a strong return on investment for potential buyers.
