SMALL LEASEHOLD WITH BIG PROFITS 45% ROI - ID 2046ML

SOLD

We are pleased to offer this great option for someone looking to enter the industry and get ahead in life. For a small motel it punches above its weight in regard to turnover and profit.

This budget style motel is centrally located on the main street of Millmerran and is a leisurely walk for your guests to the pub or club for dinner.

The motel offers:

11 rooms: 2 queen, 6 twin and 3 family rooms.
Onsite kitchen separate to the residence if you want to offer food.
Small breakfast room if needed.
Undercover barbeque area for guests.
2 bedroom residence with small attached reception.
Ample parking onsite and in rear street for larger vehicles.
Leasehold Motel

The motel mainly caters to workers and people visiting relatives in town. Twice a year the local power station shuts down for maintenance and the property is fully booked for those 60 days for the next four years.

The current owners are looking to retire and offer this little cash cow to a new operator on a walk-in walk out basis.

Call now to arrange a private inspection.

Net profit $181,217 for 2022 as provided by vendor

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2046ML (quote when enquiring)

Location: Millmerran Shire boasts a diverse range of rural primary production enterprises. From traditional sheep and cattle grazing through to fish farming, from cotton to broccoli, from intensive piggeries and egg farms to geraldton wax flowers and olives, from organic farming to feedlots, from cereal grains to timber. Located on the western fringe of the Darling Downs, Millmerran offers a fascinating mix of experiences, sights and characters. You will see the best of Darling Downs living in the rich agricultural area of the Condamine and Macintyre catchments, and experience the spirit of the Western Downs through the town's unique attractions and festivals.

Price	SOLD
Location	Millmerran
Property ID	2046ML
Category	Motel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

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