Huge Upside For Leasehold Motel - 1811ml
Business Sold Goondiwindi, Queensland 4390
Business Category Motel
SOLD
Description
Huge Upside For Leasehold Motel - 1811ml
Opportunity awaits for a motivated new owner.
- 19 budget rooms in quiet position only 400ms from the main street.
- Walk to CBD, shops, pubs, restuarants, etc.
- Onsite pool, barbeque area and low maintenance grounds.
- Undercover parking for guests.
- 2 bedroom residence attached to motel but separate to reception.
- No restaurant, only breakfast if you choose to offer it.
Goondiwindi is one of the strongest motel towns in all of Queensland and here is your chance to get a foot in the door and make some serious coin if you are willing to put in the hard work.
This is a serious opportunity to add capital value to your asset. This is a town where some motels run over 90% occupancy and you have a starting point around 60%. Don’t be fooled, you are not buying a high 4 star property but the bones are here and with 19 rooms, small improvements will add to the bottom line very quickly. It can be easily managed by a hands-on couple with casual cleaners. This is an ideal first-time operation .
Be brave and set your sights on making a change today!.
Turnover $406,086 for 2021/22 and $266,012 for July-December 2022 (6 months)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1811ML (quote when enquiring)
Property Code: 3071
- 19 budget rooms in quiet position only 400ms from the main street.
- Walk to CBD, shops, pubs, restuarants, etc.
- Onsite pool, barbeque area and low maintenance grounds.
- Undercover parking for guests.
- 2 bedroom residence attached to motel but separate to reception.
- No restaurant, only breakfast if you choose to offer it.
Goondiwindi is one of the strongest motel towns in all of Queensland and here is your chance to get a foot in the door and make some serious coin if you are willing to put in the hard work.
This is a serious opportunity to add capital value to your asset. This is a town where some motels run over 90% occupancy and you have a starting point around 60%. Don’t be fooled, you are not buying a high 4 star property but the bones are here and with 19 rooms, small improvements will add to the bottom line very quickly. It can be easily managed by a hands-on couple with casual cleaners. This is an ideal first-time operation .
Be brave and set your sights on making a change today!.
Turnover $406,086 for 2021/22 and $266,012 for July-December 2022 (6 months)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1811ML (quote when enquiring)
Property Code: 3071
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
