Townsville City, Queensland
2656MF - FULLY REFURBISHED, NOTHING TO DO, READY TO RETIRE COME AND GET ME!
SOLD
Business Description
The Motel has 20 well-appointed and recently refurbished rooms of mixed configurations, providing a welcoming, comfortable and affordable accommodation to guests.
The motel is presented in excellent order and is highly regarded with a very high percentage of repeat business.
Guests can enjoy the swimming pool, barbeque area, off street parking, guest laundry, pay television and free Wi-Fi.
In addition, there is a 20 -seat breakfast bar with a kitchen with commercial appliances and (day use) conference room providing everything a guest could require.
The Motel is conveniently located:
- 15 minutes from the airport, Townsville CBD and Townsville Hospital
- Walking distance of both small and major shopping centres.
- 10-minute drive from Townsville city centre
- 5-minute drive from Mater Hospital
- 8-minute walk from Townsville Golf Club.
- 12-minute drive of both Reef HQ Aquarium and the Museum of Tropical Queensland.
The large two -bedroom, one bathroom residence provides a very comfortable and spacious living space with split system air conditioning.
An easy to operate, fully refurbished motel that is very profitable with everything in place for the next owner to maximise the opportunity.
Either owner operate, run under management or sell off the leasehold.
Net Profit: $325,559 for 2020/21
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2656MF (quote when enquiring)
Property Code: 3805
Business Summary
Key Investment Insights
1. Well-established and highly regarded motel with a high percentage of repeat business.
2. 20 recently refurbished rooms of mixed configurations, providing comfortable and affordable accommodation.
3. Additional amenities such as a swimming pool, barbeque area, guest laundry, and free Wi-Fi.
4. Convenient location, with close proximity to the airport, CBD, hospital, shopping centers, and tourist attractions.
5. Includes a 20-seat breakfast bar with a fully equipped kitchen and conference room.
6. Profitable business with a net profit of $325,559 for 2020/21.
7. Spacious and comfortable two-bedroom residence for the owner.
8. Option to either owner operate, run under management, or sell off the leasehold.
9. Fully refurbished and ready to operate with nothing to do for the new owner.
10. Opportunity for the new owner to maximize profits and continue the success of the business.
