Business For Sale Hervey Bay, Queensland 4655
Business Category Motel
Leasehold $1,650,000
Description
Waterfront, New 35 Year Lease, High Roi In Hervey Bay - 1p6198
CRE Brokers are pleased to be appointed as the Exclusive Agency for the sale of one of the best motels in the Hervey Bay / Frazer Coast area, as a Leasehold business.
Ideally positioned on the Esplanade, opposite Pialba Bay Beach and a short' walk to shops, the RSL Club and other dining facilities.
This motel is extremely well presented and well-appointed with high quality furniture, fixtures and fittings, with many rooms being fully renovated within the past 18 months.
Showing a Net Profit after Rent of over $400,000 during the 2023/24 financial year and an even greater year expected for 2024/25.
With Hervey Bay experiencing massive growth, do not delay in contacting Craig or Ronnie to arrange an inspection of this fantastic business opportunity.
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:QLD - Fraser Coast
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This business is somewhat unique and has no similar competition in this region, category or price bracket.