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EXCEPTIONAL FREEHOLD GOING CONCERN MOTEL WITH DEVELOPMENT POTENTIAL
$815,000
Motel (Freehold) hospitality, Injune QLD
Premier Business Sales is thrilled to present an exceptional Freehold Going Concern Motel. Unlock the opportunity to own a thriving and modern motel with exceptional lifestyle benefits and future development potential.
- Modern Boutique Motel: Constructed in 2008, offering 10 high-quality, self-contained units.
- Easily Operated: Perfect for one person or a couple, with low overheads maximizing profits.
- Expansion Potential: Situated on a 2,132m corner block, with plans drawn up to add 7 additional units or other development/business.
- Exceptional Owner Residence: Includes a 2-bedroom home with a professional reception area and commercial kitchen.
- Prime Location: Central in town, near essential amenities and opposite the local pub, a guest favourite.
- Diverse Clientele: Strong base of corporate and leisure travellers, including forestry, National Parks, and CSG workers, plus tourists visiting Carnarvon
Gorge and nearby attractions.
- Amenities Guests Love: Rooms with kitchenettes, free Wi-Fi, Foxtel, and outsourced meal options, with potential to increase profit by offering in-house
meals.
- Strong Financials: 67% occupancy, $260,000 turnover, and $192,000 net profit (2023/2024). Priced at just $815,000, this is a rare chance to own a profitable
freehold motel with lifestyle perks and development potentialall for the price of a house.
Don't miss out on the outstanding investment. Call now to book an inspection.
More Information
- Total Purchase Price: $815,000
- Net Income: $ 192,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?