Genuine/serious Offers - 2892ml
Gayndah QLD, QLD
Description
LEASEHOLD HOTEL MOTEL FOR SALE - Due to owner's personal reasons we are requested to ask for genuine / serious offers. Well-maintained and presented brick Hotel/Motel opportunity. Offering the complete cross section of guest facilities. Would ideally suit a family run operation but could be run under supervised management. - Low set brick complex. - Independent house for owners. - Only 2 hotels in thriving citrus region. - 18 gaming machines ($1,050,000 Annual T/O). - 23 motel rooms. - Long secure lease. - No maintenance required. - Drive thru - $1,000,000 (P/A). - Currently run under management with huge potential to increase this business. - First to inspect with buy. Adjusted Net Profit: $370,290 for 2024/25 Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection. Property ID: 2892ML (quote when enquiring) Property Code: 5373
Financials
- Asking price
- $1,400,000
- Net profit
- $370,290
- Revenue
- —
- Profit multiple
- 3.78x
- Revenue multiple
- —
Agent
Tourism Brokers
