Winton, Queensland
30% RETURN ON INVESTMENT FOR A FREEHOLD MOTEL! - 2322MF
SOLD
Business Description
The current owners have successfully operated this for over 25 years. The excellent location of the Motel is second to none, with a three-street entrance and exit. The town is well known to tourists and travellers alike.
Key Features:
- 20 motel rooms and 1 self-contained cabin in an excellent accommodation locality, positioned right in the centre of town. Motel rooms have been updated. A wheelchair-friendly room.
- Nicely presented property with relaxed atmosphere.
- Very easy to operate complex, no food provided onsite, but locally provided with CBD location.
- Low-cost operation and high profit margin.
- Strong future bookings for FY23 going forward.
- Highly recommended for a great motel business to own and/or operate.
- A place to stay with an enviable location.
- One minute walk to the famous Waltzing Matilda Centre, the inviting aquatic centre and squash courts.
- A short walk to cafes, bars, and restaurants
- High occupancy rates achieved consistency.
- Up-to-date financials.
- Current food license.
- Commercial laundry.
- Paved outdoor barbeque area.
- Room for expansion – potentially 8 cabins and more.
Strong tourism area, the property is well positioned and provides a base for guests visiting the area
- Australian Age of Dinosaurs Museum
- Dinosaur Stampede at Larry Park Conservation Park
- The Waltzing Matilda centre Museum
- Bladensburg National Park
- Winton Diamantina heritage truck and machinery museum
- Arno’s Wall
- Musical Fence
- Quantilda Museum
The local Council is very proactive and has a dynamic Tourism office that are working together to grow the areas tourism and benefit all. Embark on a journey through ancient history, mesmerizing landscapes, and genuine Outback hospitality. Discover the magic of Winton now!
Net Profit: $375,991 for 2021/22 (as provided by vendor)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2322MF (quote when enquiring)
Property Code: 4620
Business Summary
Key Investment Insights
1. The business has been successfully operated by the current owners for over 25 years.
2. Excellent location with a three-street entrance and exit.
3. Strong tourist and traveler market in the town.
4. 20 motel rooms and 1 self-contained cabin, all in excellent condition.
5. Nicely presented property with a relaxed atmosphere.
6. Easy to operate with no food provided onsite.
7. Low-cost operation with high profit margin.
8. Strong future bookings for FY23 and beyond.
9. Highly recommended for a great motel business to own and operate.
10. Enviable location, just a one-minute walk to popular attractions.
11. Short walk to cafes, bars, and restaurants.
12. High occupancy rates consistently achieved.
13. Up-to-date financials available.
14. Current food license in place.
15. Commercial laundry facilities.
16. Outdoor barbeque area for guests to enjoy.
17. Potential for expansion with room for 8 additional cabins.
18. Strong tourism area with many popular attractions nearby.
19. Proactive local Council and dynamic Tourism office working together to grow tourism in the area.
20. Net profit of $375,991 for 2021/22 (as provided by vendor).
