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.