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