1889ML – Strong Business, Prime Position, Consistent Performer
- Great Location at the top of the range
- Strong business
- Very strong regional motel town
- Walking distance to Grammar School, Hospital, etc
- Consistently good occupancy
- Excellent returns
- Strong repeat clientele
- Consistent long-term performer
- Beautiful gardens
- Plenty of opportunity for future growth
- Comfortable 2 bedroom residence
- Genuine opportunity to buy a great leasehold in one of the best motel towns
- Give me a call and come and see for yourself
On offer is an opportunity to buy a delightful three star starter motel in this ever growing and developing regional town. This 13 room leasehold motel is located at the top of the range in a renowned motel town. Surrounded with delightful gardens, famous grammar school and in close proximity to the main hospital, Botanic Gardens and the TAFE College.
With 21.5 years on the lease, strong repeat trade supported by an ongoing arrangement with major drilling company, strong occupancy (currently 74%) this motel will provide a great business opportunity for a starter single/couple or even an experienced motelier looking to downsize.
Plenty of upside here with strong and consistent repeat clientele, increasing occupancy, increasing turnover and a landlord that contributes to motel refurbishments each year. Accordingly, a new owner will have all the requirements needed for a sustainable and successful motel. In addition, the experienced staff will ensure a smooth transition at takeover.
The residence is a comfortable size with two bedrooms, bathroom, kitchen, split system air conditioners and ceiling fans. The surrounding gardens provide a colourful and welcoming feel that guests appreciate and return for. Guests have access to Wi-Fi, Foxtel good sized, well equipped comfortable rooms and undercover parking at the front door.
Toowoomba is a major regional town with a population of approximately 110,000. The town has high quality private and public schools, excellent hospitals, the new airport and everything else one would expect from a major regional town.
Give me a call today, this excellent starter motel is well worth looking at.
Net Profit: $130,699 for 2017/18
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1889ML (quote when enquiring)
Property Code: 2944
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -