Profitable Boutique Motel For Sale In Booming Gympie
Business For Sale Gympie, Queensland 4570
Business Category Commerical Property Freehold Motel
$1,590,000 WIWO
Description
Profitable Boutique Motel For Sale In Booming Gympie
This premium, boutique 9 room motel was constructed only 7 years ago, and has been operated very successfully by one family since completion.
This is a perfect motel for anyone looking to enter the industry, or similarly to add to your portfolio, and is easily managed by a single person or couple.
The motel itself is positioned on the new main road into town from the highway, and is poised to go from strength to strength with exceptionally strong repeat corporate clientele and new visitors alike.
With net profit for the 2022/23 financial year at $204k, this represents a fantastic value and ROI. This motel and location saw no little to no detriment from COVID, and has maintained exceptionally strong occupancy throughout.
Opportunities exist for an incoming buyer to further increase profits by maintaining longer check-in hours (currently managed off-site with remote check-in), and increasing nightly tariffs (in line with other accommodation in the area of a lower standard).
Very little maintenance is needed to the building due to it's near new construction, and the owner welcomes inspections to confirm the fantastic state of the property.
For more information and to organise an inspection please reach to out directly as this property is being sold by the owner and not with an agent.
This is a perfect motel for anyone looking to enter the industry, or similarly to add to your portfolio, and is easily managed by a single person or couple.
The motel itself is positioned on the new main road into town from the highway, and is poised to go from strength to strength with exceptionally strong repeat corporate clientele and new visitors alike.
With net profit for the 2022/23 financial year at $204k, this represents a fantastic value and ROI. This motel and location saw no little to no detriment from COVID, and has maintained exceptionally strong occupancy throughout.
Opportunities exist for an incoming buyer to further increase profits by maintaining longer check-in hours (currently managed off-site with remote check-in), and increasing nightly tariffs (in line with other accommodation in the area of a lower standard).
Very little maintenance is needed to the building due to it's near new construction, and the owner welcomes inspections to confirm the fantastic state of the property.
For more information and to organise an inspection please reach to out directly as this property is being sold by the owner and not with an agent.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
