Brisbane CBD
QLD
$1,600,000
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
Figures include GST unless stated otherwise
Weekly Takings
$6,000
Gross Profit
$6,000
Total Expenses
$1,000
Net Profit
$5,000
Price
$3,400,000
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