This is a fantastic opportunity for a husband/wife team to purchase a 29 room Motel business in the heart of a major S.E.Qld city, for a small capital outlay. A profitable business with plenty of upside for enthusiastic and motivated owners.
Trading a net profit of $169,000 for the last 12 months, this business only needs fresh operators to take advantage of this opportunity. The location is ideal – in the centre of the fastest growing area in Qld.
A new 25 year lease has just been negotiated.
The Motel offers a unique accommodation experience.
All on the ground floor, including 3 fully self-contained, Guest lounge, bar and four conference rooms.
Fully licensed Restaurant that is currently lease out.
The present owners have completed an extensive refurbishment program and the Motel presents to a very high standard, ready for the next owner.