Opportunity to own the Leasehold to this motel & restaurant in regional Nanango
NANANGO, QLD, QLD
Description
Price Reduced Opportunity to own the Leasehold to this motel & restaurant in regional Nanango ResortBrokers is delighted to bring to market this extremely attractive and affordable Leasehold opportunity. The Copper Country Motor Inn & Restaurant in Nanango is an immaculately presented motel offering multiple upside opportunities for the incoming operator. This well-established, 3.5 star, 15-room motel with a detached 60 seat Restaurant and Bar with central fire place, oozes country charm. The motel facilities include an in-ground swimming pool, two acres of grape vines, ample off-street parking with immaculate rose gardens and positioned well from the main road. This motel has everything you need to build a strong sustainable family business. This property will tick all your boxes so contact David today with your enquiries. Considerable scope for an astute operate to expand and build on existing occupancy and turnover Only motel in town with a restaurant Multiple upside opportunities Strong regional growth corridor Quiet location on edge of town 18 years remain on the existing lease with extension options available Property inspections are by appointment only
Financials
- Asking price
- $375,000
- Net profit
- $152,546
- Revenue
- —
- Profit multiple
- 2.46x
- Revenue multiple
- —
Agent
David Faiers
