Consistent Quality Regional Qld 27 Room Leasehold Motel With New 25 Year Lease - 1p5917

Business For Sale 78 Victoria Street, St George, Queensland 4487

Business Category Motel

Leasehold $1,150,000

Description

Consistent Quality Regional Qld 27 Room Leasehold Motel With New 25 Year Lease - 1p5917

EXCLUSIVE TO CRE BROKERS. CRE Brokers are pleased to be appointed as the Exclusive Agency for the sale of Merino Motor Inn, St George, Qld.

This well-appointed 27 room Motel offers guests a quality, convenient location only 400 metres from the town centre with the convenience of a licensed bar and restaurant that is extremely well supported by guests and locals.

The current owners have successfully operated the Motel for twelve years and have now decided to move to Victoria to be closer to family.

Sales & Profit: The Motel has limited competition and has achieved significant sales revenue on consecutive years yet still offers the new owner the opportunity to continue to increase profitability via increasing tariffs. (NOTE: A competitor tariff comparison is available upon request.)
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Central
Contact Seller

Bsale ID: 635706
Broker REF: 1P5917

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