30% Return On Investment For A Freehold Motel! - 2322mf

Business Sold Winton, Queensland 4735

Business Category Motel

SOLD

Description

30% Return On Investment For A Freehold Motel! - 2322mf

The current owners have successfully operated this for over 25 years. The excellent location of the Motel is second to none, with a three-street entrance and exit. The town is well known to tourists and travellers alike.

Key Features:

- 20 motel rooms and 1 self-contained cabin in an excellent accommodation locality, positioned right in the centre of town. Motel rooms have been updated. A wheelchair-friendly room.

- Nicely presented property with relaxed atmosphere.

- Very easy to operate complex, no food provided onsite, but locally provided with CBD location.

- Low-cost operation and high profit margin.

- Strong future bookings for FY23 going forward.

- Highly recommended for a great motel business to own and/or operate.

- A place to stay with an enviable location.

- One minute walk to the famous Waltzing Matilda Centre, the inviting aquatic centre and squash courts.

- A short walk to cafes, bars, and restaurants

- High occupancy rates achieved consistency.

- Up-to-date financials.

- Current food license.

- Commercial laundry.

- Paved outdoor barbeque area.

- Room for expansion – potentially 8 cabins and more.

Strong tourism area, the property is well positioned and provides a base for guests visiting the area

- Australian Age of Dinosaurs Museum

- Dinosaur Stampede at Larry Park Conservation Park

- The Waltzing Matilda centre Museum

- Bladensburg National Park

- Winton Diamantina heritage truck and machinery museum

- Arno’s Wall

- Musical Fence

- Quantilda Museum

The local Council is very proactive and has a dynamic Tourism office that are working together to grow the areas tourism and benefit all. Embark on a journey through ancient history, mesmerizing landscapes, and genuine Outback hospitality. Discover the magic of Winton now!

Net Profit: $375,991 for 2021/22 (as provided by vendor)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2322MF (quote when enquiring)

Property Code: 4620

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Michael Philpott

Bsale ID: 617133
Broker REF: tourismbrokers_50_1506

Tourism Brokers