Visit this listing at https://www.sbx.com.au/business?id=CB1174

Business Code: CB1174

Key Features: Motel - Sales $6,000 pw - Freehold - Near Toowoomba - Brisbane West Qld - 105 rooms - Budget Accomodation

State: QLD

Location: Great location close to Uni and airport West of Brisbane

Description

Freehold motel lodge, consisting of 105 rooms, and providing budget accommodation. - The lodge has 2 blocks, each with 25 rooms, of single accommodation with shared facilities and 2 blocks, totalling 55 rooms, of 3 bedroom ensuite accommodation with kitchenette. - A huge dining room, serviced by the commercial kitchen is provided, as well as a separate block containing the common room with pool table and lounge. - The swimming pool is available for guests and is well maintained.

Summary

  • Features: Great location. - Cheap tariff. - Very quiet. - Close to all facilities and university.
  • Potential: A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. - A strong marketing campaign to increase occupancy rate. - Reopen dining room.
  • Premises: This freehold has a total area of 2.03 sq. mts. consisting of single storey lodge accommodation constructed of concrete block + owners residence.
  • Trading Hours: As required.
  • Lease: Freehold.
  • Employees: 1 owner + casuals as required.
  • Comments: Each room has TV and refrigerator. - Dining room is not currently being utilised. - Linen is replaced weekly or as required. - Current business model targets longer term accommodation for guests. - Accommodation is currently closed for a short time while owner attends to minor council requirements -

Weekly Summary

Weekly Takings (inc GST)

$6,000

Gross Profit

$6,000

Total Expenses

$1,000

Net Profit

$5,000

Price

$3,450,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Motel - Freehold

Business Code: CB1174
Price: $3,450,000

Key Features: Motel - Sales $6,000 pw - Freehold - Near Toowoomba - Brisbane West Qld - 105 rooms - Budget Accomodation

State: QLD

Location: Great location close to Uni and airport West of Brisbane

Description

Freehold motel lodge, consisting of 105 rooms, and providing budget accommodation. - The lodge has 2 blocks, each with 25 rooms, of single accommodation with shared facilities and 2 blocks, totalling 55 rooms, of 3 bedroom ensuite accommodation with kitchenette. - A huge dining room, serviced by the commercial kitchen is provided, as well as a separate block containing the common room with pool table and lounge. - The swimming pool is available for guests and is well maintained.

Summary

  • Features: Great location. - Cheap tariff. - Very quiet. - Close to all facilities and university.
  • Potential: A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. - A strong marketing campaign to increase occupancy rate. - Reopen dining room.
  • Premises: This freehold has a total area of 2.03 sq. mts. consisting of single storey lodge accommodation constructed of concrete block + owners residence.
  • Trading Hours: As required.
  • Lease: Freehold.
  • Employees: 1 owner + casuals as required.
  • Comments: Each room has TV and refrigerator. - Dining room is not currently being utilised. - Linen is replaced weekly or as required. - Current business model targets longer term accommodation for guests. - Accommodation is currently closed for a short time while owner attends to minor council requirements -

Weekly Summary

Weekly Takings
(inc GST)

$6,000

Gross Profit

$6,000

Total Expenses

$1,000

Net Profit

$5,000

Price

$3,450,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.