Modern Leasehold At 36% Roi - 1960ml

Toowoomba City, Queensland 4350

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Recently rendered and painted brick building
  • 24 rooms with varying configurations
  • 3 bedroom residence with separate studio
  • Very low maintenance grounds and gardens
  • Onsite pool and barbeque area
  • Great cloud-based booking system
  • Turnover: $836,624
  • Net Profit: $315,000
  • Rent/Lease: 29 year lease, great landlord
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

- Don’t miss out on this great opportunity to improve your financial security.

- Recently rendered and painted brick building.

- 29 year lease, great landlord.

- 24 rooms of varying configuration - 16 with kitchenettes.

- 3 bedroom residence with separate 1 bedroom studio (extra income?).

- Very low maintenance grounds / gardens.

- Onsite pool and barbeque area.

- Great cloud-based booking system to allow for ease of operation.

- Staff in place if needed.

This motel is ideal for those wanting to earn a great income but not be attached to your business 24/7. The current owner has installed excellent technology including a great cloud-based software program allowing you to process bookings anywhere, anytime. This system teamed with the 24-hour check in kiosk and security system saves you time and money running your business.

In addition to the technological improvements the motel has had many upgrades over recent years. Bathrooms, cabinetry, beds, soft furnishings, landscaping, rendering of the building, etc. etc., etc. Don’t get me wrong, there are still ways you can add your own touch to the property to make it feel like home. This is definitely a property where you can move in your furniture and start making money straight away without the stress of having to spend a motza to do so.

Turnover is increasing monthly, and this is your chance to take advantage of the current owner’s hard work.

Call me now as this will not last long!

Turnover: $836,624 for calendar year 2022

Net Profit: $315,000 expected for 2022 calendar year

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1960ML (quote when enquiring)

Property Code: 4297

What's Nearby

Contact Seller
Tourism Brokers Tourism Brokers
Tony Johnson

Bsale ID: 593591