Business Sold Rockhampton City, Queensland 4700
Business Category Motel
SOLD
Description
Rare, First Time Offered In 15 Years, Great Secure Money Maker - 2709ml
Reduced by $105,000, too good to pass up. Exceptional opportunity with all bathrooms recently renovated. Strong corporate structure support and sytems.
Beef Capital of Australia servicing 120,000+ in the region. Rare offering strong future, tourist attraction in its own right and close to quality well diversified markets being, Beef, Mining, Education, Medical, services, the full range making it a safe location with strong growth.
- Only Best Western in Rockhampton.
- Part of exceptional and strong franchise branding group that is growing, adding value and creating business opportunities.
- Exceptional 34 unit modern motel which has newly renovated bathrooms throughout.
- Fully Licensed restaurant and bar.
- Solid brick construction (low noise) with barbeque area and inground swimming pool at front.
- Profile convenient position with plenty of signage on the Bruce Highway.
- 27 year lease in place.
- Turnover in excess of $1M (FY21) and growing strongly.
- Significant repeat Corporate trade.
- Onsite residence with direct internal access to reception that can easily be expanded to four bedrooms or remain as is.
- Mix of high-quality rooms to better cater for the market and various price points.
- Well-staffed restaurant and cleaning, etc. (reliable), good solid long-term team.
- LEASEHOLD MOTEL
Being part of the Best Western team, you have access to very well-established training and support, and you will quickly become part of the team. They have a vested interest in you being able to do your best and the systems and network that add value to allow that to happen.
Net Profit: $263,252 for 2020/21; $307,139 expected for 2022/23 (and growing)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2709ML (quote when enquiring)
Property Code: 4156
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This business is somewhat unique and has no similar competition in this region, category or price bracket.