Outstanding Freehold Going Concern 4 Star Corporate Motel
ROMA, QLD, QLD
Description
Outstanding Freehold Going Concern 4 Star Corporate Motel Magnificent property in a prime location with massive upside potential. This beautifully presented motor inn offers the perfect chance to purchase a rare freehold going concern in a busy country town with a healthy net profit that provides the option of running it yourself, or under management. 4-star corporate motel Solid occupancy 70%+ Superior owners/managers residence High turnover and net profit Plenty of upside for the right operator Suitable for owner operator or run under management Property inspections are by appointment only FY 2019 Turnover $1,061,545 Net Profit $650,000 2 year average Net Profit $580,000 Click the youtube icon below to watch the property video
Financials
- Asking price
- $4,200,000
- Net profit
- $510,000
- Revenue
- —
- Profit multiple
- 8.24x
- Revenue multiple
- —
Agent
Ian Crooks
