Outstanding Money Maker With Proven Performance - 2691ml

Mackay, Queensland 4740

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 40 executive rooms for corporate and leisure
  • Resort style pool
  • Licensed restaurant and bar with alfresco area
  • Conference area with direct access from reception
  • Fully run under management with reliable staff
  • Popular location near airport and CBD
  • Turnover: Not disclosed
  • Net Profit: $536,959
  • Rent/Lease: Secure long lease with low sustainable rental
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

- Achieving in excess of 36% after addbacks (Detailed financials available).

- Food and Beverage only accounts for 11% of total Income.

- 89% Occupancy for 2022/23 FY to date with room to grow and add value. .

- Secure long lease with low sustainable rental.

- 65% direct bookings with only 20% OTA (Expedia and Booking.com) and 15% GDS.

- Exceptional quality 4 star Motel brilliantly positioned on main road with a strong business profile and street presence. Star rating assessment completed November 2022 with strong 4 star rating retained.

- 40 executive rooms ideal for corporate and leisure alike. Mix includes self-contained apartments and executive suites. All rooms are spacious and well appointed.

- Well diversified marketing mix with exceptionally high return loyal business.

- Resort style pool.

- Fantastic, licensed restaurant and bar with alfresco area overlooking pool (Outdoor and indoor seating areas). Generally, inhouse guests only.

- Conference area is well serviced and spacious with direct access off reception and rear access from kitchen and restaurant areas.

- Currently fully run under management with a team that would like to stay on for the longer term and continue to bolster the business. Exceptional quality long term and reliable staff.

- Rendered block construction under tile roof.

- Rare, huge four bedroom executive/family size residence with private balcony. Direct access off reception, behind counter and seperate access area as well.

- Popular location, 5 minutes to the airport, hospital, and CBD with 200m walk to shopping services. Stroll to the Mackay town centre in just 30 minutes.

- A business you will be proud to own with upgrade works recently completed.

Net Profit: $536,959 for 2021/22

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

Property ID: 2691ML (quote when enquiring)

Property Code: 4293

What's Nearby

Similar Businesses For Sale

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

Contact Seller
Tourism Brokers Tourism Brokers
Michael Philpott

Bsale ID: 593476