QldSouth West Regional
QLD
$735,000
Motel - FreeholdPrice: $3,450,000Net Profit: $5,000 |
Visit this listing at https://www.sbx.com.au/business?id=CB1174 |
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Business Code: CB1174 Key Features: Freehold State: QLD Location: Great location close to Uni and airport West of Brisbane DescriptionFreehold 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
Weekly SummaryWeekly Takings (inc GST)$6,000Gross Profit$6,000Total Expenses$1,000Net Profit$5,000Price$3,450,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Motel - Freehold
Business Code: CB1174
Key Features: Freehold
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 -
