High-performing motel leasehold and restaurant, in the regional town of Tully

Description

Price Reduced High-performing motel leasehold and restaurant, in the regional town of Tully Located on the vibrant and popular Cassowary Coast, the Tully Motel has all the elements of a high-performing leasehold business. With a high net profit of $243,175, this motel is a great opportunity for the astute operator. There is nothing more to spend for the incoming lessee with rooms undergoing continual refurbishment and 12 bathrooms recently renovated. Most air-conditioning units have also been replaced over the past five years. There is a huge potential upside with the licensed Plantations Restaurant located onsite. The restaurant is a local favourite and can be used to cater for special events of up to 50 guests. This is a huge opportunity to further increase the net profit as well as being a major drawcard to guests which will drive the occupancy rates With the current owners consistently improving the business year-on-year, the time is ripe for new owners to take over and reap the future rewards. So contact today for more information. Only motel in town Ideal beginner’s motel, easily managed by a couple Highly sought-after business on Cassowary Coast Experienced staff to assist with transition Prominent, highly visible main road location with easy direct access Consistent corporate/ government/industry trade and diversified highway customers Property inspections are by appointment only