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Business for sale in QLD , REGIONAL QLD
Business Sales Australia
Broker Details: Business Sales Australia
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New 4.5 star Motel in Kingaroy

 
Sellers Ref: (2675)
Location: QLD - REGIONAL QLD -Kingaroy
Category: Accommodation
 
Financial summary
Asking Price: $3,700,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description

 

·         Leasehold or Freehold available - Ready for occupation 1 July, 2012.
·         28 units of 5 star construction all units with kitchenettes.
·         2 brm Owners/Managers residence, with separate office, laundry and kitchen facilities
·         At just 65% occupancy, the financial projections show profits in excess of $550,000 in the first of operation to owner operators.
·         Being a new building, no maintenance issues, and no pool to clean.
·         Superbly constructed with the latest materials, trends and colours this new motel will attract customers from day one!
·         With the mining industry providing additional customers this new venture shows ongoing growth potential for many, many years.
Leasehold $1.100.000 + GST if appl.
Freehold $2,600,000 + GST if appl.
Total Package $3,700,000 & GST if appl.
Gary Johnston 0411 598801 gary@johmar.com.au
 
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