QLD South West Regional
QLD
$120,000
Motel - FreeholdPrice: $3,400,000Net Profit: $5,000 |
Visit this listing at https://www.sbx.com.au/business?id=CB1174 |
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Business Code: CB1174 Key Features: 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 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$3,400,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Motel - Freehold
Business Code: CB1174
Price: $3,400,000
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 ha. consisting of single storey lodge accommodation constructed of concrete block + owners residence.
- Trading Hours: As required.
- Lease: Freehold.
- Employees: 1 owner + casuals as required.
- Sale Reason: Time for a change.
- 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 -
Owner has brick veneer residence of 4 bedrooms and 2 bathrooms.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$6,000
Gross Profit
$6,000
Total Expenses
$1,000
Net Profit
$5,000
Price
$3,400,000
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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.
