1993ML - A Jewel in the Crown
- Consistent high performing business in Toowoomba.
- Showing continuously high occupancy.
- Ideal first time motel business.
- Perfectly located on very busy arterial road.
- High visibility, close to CBD, golf club and other services.
- 15 clean, tidy, well maintained rooms in excellent condition.
Having demonstrated occupancy levels of 82% and 79% in recent years this motel is a standout in the town. Demonstrating a proven track record, a high net profit and a 35% return on investment this motel business will be hard to beat for a small and easily managed business.
The motel, being perfectly positioned, has defied the odds during quiet times and has continued to grow. The town is now showing strong growth with lots of major projects underway and further major developments on the drawing board. If you are looking for a very tidy business with an excellent return, this motel is well worth an inspection.
Net Profit average over 2 years of $170,069
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1993ML (quote when enquiring)
Location: Toowoomba is a picturesque mountain city located in south east Queensland some 127Km west of the state's capital, Brisbane. As Queensland's largest inland city, Toowoomba offers all the benefits of urban living without any of the big-city 'hassles'.
With a population of over 90,000 people, Toowoomba is the commercial and economic hub of the Darling Downs, thereby serving a population in excess of 250,000 people. This has resulted in a city with extensive manufacturing, education, health, retail and professional services. Toowoomba offers the best of both worlds, a relaxed lifestyle and easy access to Brisbane and the Gold and Sunshine Coasts.
Major industries include manufacturing, wholesale, agriculture and with more than 23 private schools, a technical college, and university, Toowoomba can be considered a major educational centre.
Toowoomba offers a range of activities both in the city and the surrounding areas with choices to suit every occasion. From the various festivals and events held throughout the year, including The Carnival of Flowers, Royal Toowoomba Show, Australian Gospel Music Festival, Farmfest and AgShow, to the countless cafes, restaurants, antique stores and art galleries, there is certainly an activity to suit everyone's taste.
Property Code: 2320