SBX Business Brokers Phone : 02 9439 ****

Motel - Freehold - Freehold

Listing Id : 100232

Location : Queensland

Category : Hotel Motel B and B

Asking Price : 3,450,000

Business description

Motel - Freehold - Brisbane West - Agent SBX Code Number: CB1174 Freehold motel lodge, consisting of 105 rooms, and providing budget accommodation. - The lodge has 2 blocks, each with 25 rooms, of single accommodation with shared facilities and 2 blocks, totalling **** **** rooms, of 3 bedroom ensuite accommodation with kitchenette. - A huge dining room, serviced by the commercial kitchen is provided, as well as a separate block containing the common room with pool table and lounge. - The swimming pool is available for guests and is well maintained. Potential A current DA provides for the complex to be remodelled to provide 70 ensuite motel rooms. - Could target facebook. -A strong marketing campaign to increase occupancy rate. - Reopen dining room. Features Great location. - Cheap tariff. -Very quiet. - Close to all facilities and university. Premises This freehold has a total area of 2.**** **** sq. mts. consisting of single storey lodge accommodation constructed of concrete block + owners residence. Location Great location close to Uni and airport West of Brisbane Trading Hours As required. Lease Freehold. Employees 1 owner + casuals as required. Comments Each room has TV and refrigerator. - Dining room is not currently being utilised. - Linen is replaced weekly or as required. - Current business model targets longer term accommodation for guests. - Accommodation is currently closed for a short time while owner attends to minor council requirements - Owner has brick veneer residence of 4 bedrooms and 2 bathrooms. Figures Weekly Sales $6000 Rent (ex GST) $0 Wages $0 Profit $5000 Agent SBX Code Number: CB1174 - SBX Business Brokers


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