Sold

MODERN LEASEHOLD AT 36% ROI - 1960ML

SOLD

  • Don’t miss out on this great opportunity to improve your financial security.
  • Recently rendered and painted brick building.
  • 29 year lease, great landlord.
  • 24 rooms of varying configuration - 16 with kitchenettes.
  • 3 bedroom residence with separate 1 bedroom studio (extra income?).
  • Very low maintenance grounds / gardens.
  • Onsite pool and barbeque area.
  • Great cloud-based booking system to allow for ease of operation.
  • Staff in place if needed.

This motel is ideal for those wanting to earn a great income but not be attached to your business 24/7. The current owner has installed excellent technology including a great cloud-based software program allowing you to process bookings anywhere, anytime. This system teamed with the 24-hour check in kiosk and security system saves you time and money running your business.

In addition to the technological improvements the motel has had many upgrades over recent years. Bathrooms, cabinetry, beds, soft furnishings, landscaping, rendering of the building, etc. etc., etc. Don’t get me wrong, there are still ways you can add your own touch to the property to make it feel like home. This is definitely a property where you can move in your furniture and start making money straight away without the stress of having to spend a motza to do so.

Turnover is increasing monthly, and this is your chance to take advantage of the current owner’s hard work.

Call me now as this will not last long!

Turnover: $836,624 for calendar year 2022

Net Profit: $315,000 expected for 2022 calendar year

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

Property ID: 1960ML (quote when enquiring)

Price SOLD
Location Toowoomba City
Property ID 1960ML
Category Motel

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