Tweed Heads, New South Wales
1371ML - BEST OF THE BEST IN BORDER TOWN
SOLD
Business Description
Tweed Heads is a border-town located on the NSW side of the border to Coolangatta. It is a strong motel city and offers all the amenities suitable for a short term stay or longer holiday such as good shopping, beautiful beaches, great boating and fishing on the river, world class entertainment and a multitude of cafes, restaurants, clubs to dine and relax.
The motels main features are:
- 15 good quality renovated rooms.
- Long term lease with reasonable rent ratio.
- Fully renovated two bedroom manager’s residence adjoins office.
- No groundwork just onsite pool.
- Consistently high occupancy and repeat clientele.
- Secure business model and improving profits after COVID-19 lockdowns.
Why buy a motel where you have to spend a bomb on renovations when you could buy one where all the hard work has been done? This profitable leasehold in Tweed Heads is primed for good growth after a makeover during covid. It had shown years of consistent trade prior to last year and is starting to bounce back now showing consistent occupancies around 80%.
All the hard work has been done by the current owners, so the opportunity exists for a new operator to keep connecting the dots and bank their profits. Central location, great rooms, repeat customers, good reviews, systems in place… Do I need to say anything else?
Enquire now, as properties like this rarely exist.
Turnover: $462,326 Ex GST 2020-21
Net Profit: $186,636 for 2020-21
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1371ML(quote when enquiring)
Location: Tweed Heads is abutting the Queensland border, and is a hotbed of activity, with tourism, shopping, surfing and some of the fastest residential growth in the state. It offers a wealth of holiday experiences – from lush World Heritage listed rainforests and rolling green farmland to unspoilt beaches and ocean adventures – all easily accessed from the Gold Coast Airport.
Property Code: 3787
Business Summary
Key Investment Insights
- Located in a highly desirable border-town with strong motel demand
- 15 fully renovated and well-maintained rooms
- Long-term lease with reasonable rent ratio
- Fully renovated two-bedroom manager's residence
- No groundwork needed, only an onsite pool
- Consistently high occupancy rates and repeat clientele
- Secure business model with improving profits after COVID-19 lockdowns
- All hard work has been done by current owners, providing opportunity for new operator to continue success
- Central location, great rooms, repeat customers, good reviews, and systems in place
- Rare opportunity in a sought-after location
- Turnover of $462,326 Ex GST in 2020-21
- Net profit of $186,636 for 2020-21
- Close proximity to popular tourist destinations and amenities
- Potential for further growth and expansion
- Property ID: 1371ML
- Located in Tweed Heads, a bustling town with a variety of activities and attractions
- Easily accessible from Gold Coast Airport
- Property Code: 3787
