Business For Sale Tinana, Queensland 4650
Business Category Motel
LEASEHOLD $190,000
Description
Boutique Qld City Motel – 117ml
Key property features:
- 9 standard motel rooms.
- Ample off-street parking for motel guests.
- Attached to the Tinana Hotel.
- Restaurant and bar facility within the same building.
- Opportunity for continuous business income.
- Motel only requires 3-5 hours a week to operate.
- No requirement to live onsite.
- Permanent weekly rentals.
Situated adjacent to the Tinana Hotel in Maryborough, which includes hotel bar and restaurant, close to nearby shops and amenities, this 9-room motel is a solid little business.
The motel features 9 standard rooms with on suite bathrooms with the unique adjoining restaurant and bar facilities for guests.
Currently operating remotely with the owner only required to be onsite 3-5 hours per week. All rooms are rented on a weekly basis and are self-managing.
The business has traded well through the tough Covid period, with consistent revenue over the last 3 years, and now continues to trade at high occupancies year-round.
This motel lease provides a great opportunity for the purchaser to add this business to an existing income or as a passive income providing a lifestyle with this easy to run business.
Net Profit: $60,109 for 2022/23
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 117ML (quote when enquiring)
Property Code: 4892
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This business is somewhat unique and has no similar competition in this region, category or price bracket.