High Performing Lease Motel

print page Sold Under Contract New Listing

Leasehold $400,000 - Ref ALN136

  • Net Profit after Rent circa $121,000
  • 14 unit motel
  • Excellent location close to city centre
  • Presentation is good with much updating over last 12 months
  • Inground swimming pool with undercover BBQ area
  • Prime position with large frontage and undercover parking
  • Operated by husband and wife team
  • No food preparation at all
  • Consistently strong trading for many years
  • Full financial data available to genuine buyers
  • Long term lease in place
  • High occupancy rates year in year out with potential to lift room rates and increase income and profits

For a detailed Information Memorandum and Financials, please contact the Exclusive Marketing Agent
Andrew Morgan
Specialist Motel & Accommodation Business Broker throughout Qld since 1995
p 07 4953 1611  |  m 0417 608 041  |  e sales@qthb.com.au

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.