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Regional City Accommodation Hotel |
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The Hotel: A 66 unit accommodation complex with licensed restaurant and Function centre, covered carparking, a two bedroom two bathroom residence, a separate one bedroom manager;s unit, and inground pool.All units with double glazing and split system air conditioning. Location: Located in a prominent highway location in a prosperous Queensland Regional coastal city, opposite beautiful parklands and gardens. Close to the city centre and all amenities. Accommodation Units. 66 hotel rooms spread over 6 levels and serviced by two elevators. (One new). The hotel rooms and foyers have had extensive upgrading and are extremely well presented. There is a good combination of Executive, Deluxe and Standard rooms and all are quite large and well appointed. New flat screen TVs have been installed and Austar is connected as well as Wireless Broadband. Restaurant: A licensed restaurant and Function centre with separate cocktail bar, all overlooking the attractive pool area. Open to both hotel guests and the general public. Fully staffed. Financial: Turnover has exceeded $1.8 million in the last financial year. Tariffs have recently increased as has overall occupancy with the upgrading of the property being substantially completed. Net profit last financial year exceeded $400,000 Annual rental is less than 20% of turnover. General Comment: This property is well located in a prosperous coastal city set to undergo further expansion and growth, and this represents an outstanding opportunity for an experienced operator to take the business to the next level with improved turnover and profitability.Inspection by appointment. Leasehold $1.4 million + SAV |
Sunshine Coast - B&B Motel |
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The Motel: A superb 16 unit motel with an excellent large 4 bedroom ensuite residence on over 3000 square metres of landscaped lawns and gardens with inground pool. All units have a pool and garden aspect. 12 are at ground level with 4 on the upper level with private balconies. Undercover parking for all vehicles.Quality kitchen for service of breakfasts only. Location. Located in the heart of the Sunshine Coast with excellent highway frontage and close to all visitor facilities and amenities. Only a short drive to the famous Sunshine Coast beaches. Also close to Conference and Entertainment venues as well as an established business centre. Schools and restaurants are all nearby. Accommodation Units: 12 at ground level with 4 on the upper level. All are quite large and presented in excellent condition with many renovations and refurbishment completed in recent times. All units overlook the sparkling pool and lush gardens. Microwaves are provided, Wireless Broadband is available. There are 2 family units and the motel caters for a wide and varied clientele. Owner's Residence: A large family sized 4 bedroom residence with ensuite over 2 levels. There is a quality kitchen, a separate laundry, a back office, and a car garage with individual rear street entrance. Very suitable for a family operation, or easily operated by a couple. Financial: Motel turnover is in the vicinity of $240,385. with a net profit of $105,427 for the last 12 months. The lease term offers a secure 27 years. Room tariffs vary on the type of unit and people accommodated. Ranging from $90 to $160 during peak times. General Comment: This motel offers a special atmosphere with its privacy and garden settings. There are many return guests and many longer stays which keep operating costs down. The residence is quite exceptional with a private courtyard as well as airconditioning. Motels are rarely available on the Sunshine Coast particularly in this price bracket. Inspection highly recommended, it won't last very long on the market. Leasehold: $430,000 |
Profitable Bruce Highway Motel - South Queensland |
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The Motel: A brick & Tile motel with 20 refurbished units, a licensed restaurant with commercial kitchen, a separate breakfast room, a 3 bedroom residence and also a separate modular 1 bedroom unit both for owner's private use. A good pool area in landscaped grounds. Location: Located on a service road with easy access and with strong visibility from the busy Bruce Highway on the fringe of a prosperous South Queensland smaller City. Only 1.5 hours drive from Brisbane, this area has many recurring events ensuring consistent repeat clientele, as well as the business representatives that frequent the area. All amenities and facilities are available. Motel Accommodation: 20 units over 2 levels, (all with ground floor access and parking), recently renovated and refurbished to a high standard. Extremely well presented throughout. Also plenty of offstreet parking for heavier vehicles. Austar TV is connected. Restaurant: A smaller licensed restaurant for inhouse guests 4 days per week. A chef is employed on a casual basis. Also a separate breakfast room and bar facilities. This is not a large part of the overall revenue. Owner's Residence: A 3 bedroom residence on the upper level above the main building. Also a separate modular one bedroom fully self contained unit in a private setting for the owner's use as well. Very suitable for a family or dual occupancy. Financial: This motel has a very consistent trading pattern. Turnover for the 2008/2009 financial year was $564,686 with a net profit of $241,370. For the first 6 months of the current financial year the trunover was $310,989 with net profit of $132,953. The lease term is 24 years with an annual rental of $122,784 plus GST. General Comment: This is a very well presented motel with good consistent trading figures, located in a desirable area of South Queensland. It is very well priced in the market and an inspection is highly recommended. Leasehold: $750,000 |
Gold Coast Highway Motel |
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The Motel: A 15 unit two storey motel with Gold Coast Highway frontage on a prominent corner position. All units have been refurbished and renovated and are presented in very good condition. Undercover car parking, a solar heated salt water pool and spa, a two bedroom owner;s residence with a breakfast kitchen. Location: Highway location right in the heart of the action. Close to all the facilities that the Gold Coast has to offer. This ensures consistent return business as well as the many visitors and travellers that frequent the area, Motel Accommodation: There are 3 separate family units as well as 12 other units with various bedding combinations. All units are extremely well presented, the lower level with attractive tiled flooring. All cabinets and benchtops have been replaced with attractive and dateless timber furniture. Wireless Broadband facilities are available. Restaurant: No restaurant. Breakfasts only are served to units. There are several varied restaurants and cafes nearby that cater for evening meals and takeaways. Financial: Turnover has averaged close to $270,000 over the past 3 years. For the first 7 months of the current financial year turnover has reached $160,000. Rental is $92,400 per annum and there is a 20 year lease in place. Expect to earn $100,000 per annum. General Comment: This is a well located lifestyle property that provides a home and excellent income, and is easily operated by a couple. Ideal for first time operators. The current lessees are selling after 11 years The units are in extremely good condition and do not require further upgrading. Inspection recommended. Leasehold $460,000
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As New Bed & Breakfast Motel - 30 Minutes Brisbane & Sunshine Coast |
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The Motel: 25 large ( 35 square metres ) motel units, situated all at ground level and spread over 4 separate buildings on a large parcel of land. Undercover sail parking. A two storey owner's residence with 3 bedrooms, ensuite and separate bathroom, two living areas, a quality kitchen, a separate storage area, and an inground pool. All presented in as new condition. (Only 3 years old). Location: The motel is located on a service road adjacent to the Bruce Highway midway between Brisbane and the Sunshine Coast. It is the only highway motel between Brisbane and Gympie. The motel is a part of a major masterplan development which includes an already established Service Station, a Tavern complex and a Conference Centre. Further commercial development is planned in the coming years. This is on the fringe of a burgeoning population expansion with new residential development approaching from the western side, and significant Industrial development is approved for the eastern side of the highway. The motel is well situated to take full advantage of this approaching expansion. Owner's Residence: Over 2 levels and includes 3 large bedrooms with master ensuite, a good quality kitchen for breakfast service, 2 living areas and storage, and adjoining the office/reception area. Restaurant: No restaurant or evening meals. Breakfasts only. There are charge back facilities established at the nearby tavern. Financial: Turnover last financial year was $481,799. There is a 27 year lease in 5 year option periods. Rental is $110,000 including outgoings, and is adjusted by annual CPI with market reviews at the end of each 5 year period. Net profit last financial year was $224,855. General Comment: This is a motel only 3 years old with a developing business. The motel is located on the fringe of a rapidly developing region spreading north from the burgeoning Caboolture City.This property is well placed to take advantage of the planned developments around it, and the business will surely grow and increase in value in the future time ahead. Inspection highly recommended. Leasehold: $825,000
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Regional City Bed and Breakfast |
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The Motel: 18 tastefully refurbished units with a true country feel. 10 deluxe motel units in the front building as well as 8 kitchenette style units in a separate rear building. Also a large 5 bedroom ensuite residence with a separate office, all on the upper level. A breakfast room and separate guest lounge as well. A freestanding 2 level steel shed with remote controlled roller doors complete the overall package. The entire property is very well presented. Rated 3.5 star and a member of the Golden Chain group. Austar & Wireless Broadband are connected. Location: The motel is centrally located in a prosperous regional city. Opposite the city hospital and near to the University and other educational facilities. Due to the location this motel enjoys consistent repeat business. Owner's Residence: A large 5 bedroom residence, ensuite and main bathroom, a separate office, a large private kitehen. Equipped with internal security to monitor the reception and rear parking areas. Two separate living rooms as well. The rear could easily be divided into a separate 2 bedroom flat for extra rental if required. Financial: Turnover last financial year was $385,630. Rental is $100,063.96 per annum with a net profit of $120,000. The lease has 21 years left to run. 3 years accountant's figures are available. This motel shows very consistent trading over the past 3 years with approx 70% occupancy. Restaurant: No restaurant or evening meals. Continental breakfasts only served in the separate breakfast room. Charge back facilities have been established with nearby restaurants. General Comment: This is an extremely well presented motel with a very consistent business. It is easily managed, it has a great large residence, it is well established and would be ideal for first time operators. Inspection highly recommended, it is well priced in the marketplace.
Leasehold $425,000 WIWO
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Superb Bed & Breakfast Motel - Busy City Location |
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The Motel: 27 large quality units with large 3 bedroom ensuite residence and separate kitchen for breakfasts only. The motel is constructed in Federation Style. Excellent presentation to 3.5 star standard. Accomodation: All units are quite large with one executive suite fully equipped. All units have Austar & Broadband facilities. There is a good combination of units able to accomodate all different types of guests from the executive to the larger families. Owner's Residence: A 3 bedroom ensuite residence over two levels with good size living area. All air conditioned. Adjoining kitchen and an expansive storage room. Also a very large administration area adjoining the reception and also a separate storage room at ground level. Restaurant: No restaurant. Breakfasts only. Charge back facilities are available at nearby restaurants and other eating houses. Financial: Turnover last financial year was $690,055 with a net profit after addbacks exceeding $220,000. This represents a return of 28.5 % on the asking price. General Comment: This is a true Bed & Breakfast Motel located on the main entrance to a desirable and busy city with all facilities. The owner's residence is very suitable for a family operation if required. There is potential for an active operator to increase the business considerably. Call for complete details. Leasehold $780,000
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Excellent Money Maker - South West Queensland |
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The Motel: 10 well presented units, a separate 4 bedroom cottage, a licensed restaurant and bar, and a two bedroom residence. Accommodation: 10 units with very good presentation, well equipped with 22 Austar Channels, reverse cycle air conditioning, tea and coffee making facilities, tables and chairs. Wireless Broadband is available. There is also a separate 4 bedroom cottage which is very popular with group bookings. Owner's Residence. Located on the upper level and comprising 2 bedrooms, living and bathroom. There is also an outdoor covered patio at the ground rear entry to the restaurant and office area. Restaurant: A delightful licensed restaurant and bar is located at the front of the property with street entrance. It is very well equipped and supported by a large commercial kitchen. Financial: A very consistent performer, Turnover exceeds $310,000, there is a 22 year lease available, annual rental is $63,000 and a couple can expect to earn in excess of $80,000 per annum. General Comment: This is a great opportunity for a couple to enter the hospitality industry and enjoy the Queensland country lifestyle at an entry price at the lower end of the market. Inspection recommended. Leasehold $280,000
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South Queensland -Attractive City Motor Inn |
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The Motel: 19 totally refurbished units, 4 bedroom two bathrooms, two kitchen residence, no restaurant. Superb pool and entertainment area, located on a large parcel of land on the main highway in the centre of a very attractive South Queensland established city. Accommodation: A good combination of standard, executive, spa and two bedroom family units, all completely renovated and refurbished including new bathrooms, beds, split system air conditioners and internal decor. Presentation is to a very high 3.5 star standard. Plenty of parking for larger vehicles and trailers is available on site. Owner's residence: Very suitable for a family operation. 4 bedrooms, two bathrooms, two kitchens, back office area, all spread over two levels. The residence adjoins the reception area which has a computerised booking system (Ozwiz Motelier). Plenty of storage area as well. Financial: This motel has a very consistent trading pattern over several years. The last financial year showed an occupancy rate of 61.21% with room tariffs ranging from $82 to $125. Accountant's figures show a turnover of $406,952 with a net profit of $175,638. Current rental is $110,183 per annum. A lease term of 30 years commenced in March 2009. General Comment: This region is very events driven with 48 weekends of each year having some major activity. Forward bookings are quite strong. The motel has been completely refurbished and is extremely well presented, ensuring continuous repeat business. The business is easily operated by a couple and the South Queensland City location will appeal to a good cross flow of people. A rare opportunity to acquire a successful motel business where the income is from predominantly room accommodation with no restaurant, and a good size family residence. You owe it to yourself to inspect this new listing. Leasehold $655,000
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Outstanding Money Maker - 30% Return |
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The Motel: 23 units, small licensed restaurant, 2 bed residence, pool, separate commercial laundry all on 2.5 acres of level landscaped grounds. Heritage style brick construction with bullnose roofing. Also a large 2 bay steel shed with twin roller doors for storage.This motel has excellent street appeal with wide busy highway frontage and strong visibility from both directions. Recently repainted externally and very well presented. Accommodation: A good mix of units with 8 executives, 3 large family units, 3 workers units, and 9 standard motel units. Rated 3.5 star and 3 star for the worker's units, this motel appeals to a wide cross section of business, travellers and workers who frequent the area. It is also well equipped to cater for Coach Business which is in demand in the tourist season. The Restaurant: A well presented licensed restaurant with separate bar and commercial kitchen. There are 2 coldrooms on the premises. The restaurant offers both indoor and outdoor dining and is fully airconditioned. It is well staffed and caters for motel guests and the general public. Owner's Residence: 2 bedrooms with separate living room which adjoins the second kitchen which is used for breakfasts as well as for personal family use. The residence adjoins the reception area which is fully equipped with computerised booking system. Undercover parking for the owner's vehicle. Financial: This motel has shown excellent growth. Turnover is close to $540,000, The lease rental is only $62,000 per annum, and net profit last financial year exceeded $200,000. The region is set for further growth with new industry taking off in the area. General Comment: This is a well presented property showing good profits. It is very suitable for a couple starting out in the industry or simply others looking for a solid income and return on investment. Inspection recommended. Leasehold $630,000 + SAV
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4 Star Oasis - Corporate & Travellers |
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The Motel: 26 quality 4 star motel units including 8 larger executive suites. A superb licensed restaurant and bar with commercial kitchen, indoor and alfresco dining, and a resort style pool and surrounds. Large landscaped grounds all presented in excellent condition. The front entry is most impressive with a high covered Porte Coche entry and guest parking area while checking in. Excellent street appeal from both highway directions. The Motel Units: All quite large and tastefully furnished. Tiled entry at front doors. Fully equipped for the comfort of guests. Austar TV is installed. The motel is spread over 5 separate buildings. The Restaurant and Conference Room: Seats 65 plus a large outdoor covered alfresco area. Terrific cocktail bar fully equipped, stainless steel commercial kitchen. The conference room can be closed off by way of concertina doors if required for private meetings. An excellent menu and wine selection. A chef is employed. Owner's Residence: One of the best. A large 4 bedroom home with separate kitchen, large living areas, long private covered patio area. Adjoins the office and reception area and is totally separate and private from the motel. Ideal for a family operation if required. All airconditioned. Financial Details. This business has shown consistent growth over the past 10 years. Turnover last financial year exceeded $900,000. The rental ratio is comparatively low as a percentage to turnover and much less as compared to similar properties. A strong net profit ensures an excellent income. General Comment: One of the best currently available on the market in this price range. It is located in a solid Western growth region and the future is assured, Inspection highly recommended, you will not be disappointed. Leasehold $1.1 million plus SAV
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Busy Resource Centre - Town Centre |
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The Motel: 15 motel units with recent renovations, 45 seat licensed restaurant and bar, 3 bedroom residence located right in the centre of town with undercover parking. The Units. Good size with recent modernisation. Large bathrooms, All normal equipment and furnishings. Undercover parking for all vehicles. Restaurant: A delightful recently renovated restaurant and bar supported by a stainless steel kitchen with separate coldroom. A chef and casual waitress are employed. This restaurant is very popular with both motel guests and the General Public. Austar is connected and a large screen Television is provided. Financial: A long 27 year lease is available. The rental is less than 20% of turnover. Total revenue last financial year was $567,000 with a net profit of $170,000. This motel has regular repeat clientele and has an excellent financial trading history. General Comment: This motel is easily managed and provides a substantial annual income for the business owner. The town centre location is excellent, being near to all other businesses, including the major Woolworths shopping centre nearby. The location is a majoy resource centre only 1 hours drive from the Queensland Coastline. Very competitive in this price range. Leasehold $640,000 + SAV
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Classy Country Motel - Superb Presentation |
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The Motel: A superbly presented motel with 18 units, a large 3 bedroom owner's residence, pool and gazebo and undercover parking on 1 acre of landscaped land. Only 10 years old and as new throughout the entire property. Accommodation: 18 large executive units. 28 square metres with tiling from the front entry right thru the unit to the rear bathroom. Carpet around the bedding.Tastefully furnished. New drapes and tracks. Reverse cycle split system air conditioning, TV with Austar, Wireless Broadband. Feature Daddo Wall panels behind the bedding is an added feature. Quality ageless cupboards and benches. Restaurant: No restaurant: Breakfasts and evening meals are served as room service and an evening cook is employed 5 days per week. There is a quality stainless steel commercial kitchen fully equipped. Laundry: A fully equipped commercial laundry is on site and all linen is owned. There is also a separate coin operated guest's laundry. There are 2 large storage rooms on the premises. Owner's Residence: An excellent residence suitable for a family. 3 large bedrooms with built-ins, a large living room with separate dining room, a large paved outdoor private patio area and verandahs surround the living areas. Separate bath and shower recess in the bathroom. Financial: Turnover exceeds $500,000. Average room spend is $120 with occupancy at 69.7% last financial year. Net profit of $175,000. 24 years left on the lease. This motel has an excellent track record and has shown steady growth on an annual basis. General Comment: Certainly one of the best available in this price range. With as new presentation, an excellent residence, easily managed, and consistent repeat business, this is a motel business well worth calling your own. Leasehold $595,000 |
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Regional City - Quality Business Motel |
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Accommodation: A great combination of Executive, Deluxe and Spa suites all designed to accommodate a wide spectrum of guests. All are very well equipped, extremely well presented and have undercover parking for guest's vehicles. Austar TV is connected and Broadband facilities are available. Room tariffs cover a broad range and provide flexibility to cover all requests. Restaurant: A delightful and beautifully presented licensed restaurant is at the streetfront of the building. Fitted with an excellent cocktail bar facility, the restaurant is ideally suited and designed to cater for functions, conferences and weddings. A stainless steel commercial kitchen compliments the restaurant facility. A chef and wait staff are employed on a casual basis. The restaurant is open Monday to Friday for guests and the public, and functions are catered for on weekends as required. Owner's Residence: A two level 3 bedroom ensuite residence with own private kitchen provides excellent accommodation for most owners requirements. The residence adjoins the reception area and also provides good access to the restaurant and kitchen facilities. Reception: The reception area is at the front entry to the motel and is fully equipped to manage the business. Ozwiz Motelier accommodation booking system is installed for ease of management of the business. Financial: Turnover is set to exceed $1 million this current financial year (2008 to 2009) and net profit is expected between $250,000 and $270,000 for an owner operation. The business has a consistent track record over the 5 years the current operators have been in the motel. A 25 year lease term also provides continued stability for a new owner. General Comment: This is a great opportunity for a qualified business operator to acquire a desirable well established and presented business motel in a large regional city at the right price and take the business to the next level. Inspection recommended, you will not be disappointed. Leasehold $900,000 plus SAV |