West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel
West For Dough 42% ROI Leasehold Motel

West For Dough 42% ROI Leasehold Motel

$749,000 Massive 42% ROIPrice Reduced

Fantastic ROI of 42% this leasehold motel has a long 27.5 year lease term and is a solid consistent business with great returns. The motel business centrally located right in town with large repeat client base of up to 40% of turnover. The current owners have identified that you could increase your business by expanding into the coach trade however they have not done this, so this is an upside for the new owners, should they explore this option.

Key Features

  • No major refurbishment needed in the next five years
  • Well established client base recurrent trade comprises 40% of t/o
  • Strong demand from government clients (trade contracts in place both for Lido Group (State government) and AOT (Federal Government)
  • Situated 200 m from town centre off the major highways
  • Quiet and convenient
  • Received Certificate of Excellence four (4) years in a row
  • Booking.com rating of 8.8 and Guest Review Awards received three years in a row

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005033
Property Type: Motel
Region: QLD - South
Suburb: Charleville
Sale Type: Leasehold
Net Profit: $314,020
Price: $749,000 Massive 42% ROI

Listing Agent(s)

Agent Feedback

The service and advice given by your Senior Broker Lindsay Cooper was excellent. Coop achieved a sale in the agreed timeframe and within the targeted price range. Even more important to us was the follow up and support given during the entire process. Inevitably issues came up and Coop handled them in an extremely professional and efficient manner. He went the extra mile using his knowledge to help finalise the sale and achieve a settlement as close as possible to the projected date.

- Bob & Lesley Thompson
Vendor,
Country Roads Motor Inn

Lindsay Cooper has just successfully completed the Sale of our Motel. This sale was successful thanks to the help and guidance Lindsay was able to give us and we have no hesitation in recommending Lindsay to any prospective sellers or buyers.

- John and Stella Pascoe
Vendor,
Roma Motel

The decision to appoint Resort Brokers and Lindsay Cooper as our Marketing Agent for Country Roads Motor Inn came naturally following his regular contact with us over the past 3 years. He visited us regularly, the only person in the industry to do so and offered advice when requested and showing utmost courtesy and empathy at all times. When listing, he took on board all our comments and came up with an agreed price and a successful marketing plan. We sold at a predetermined price within 30 days.

- Bob & Lesley Thompson
Vendor,
Country Roads Motor Inn