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2691ml - Outstanding Money Maker With Proven Performance For Sale

Mackay, Queensland, Australia
Asking Price:
LEASEHOLD $1,150,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Achieving in excess of 40% after addbacks (Detailed financials available).

- Food and Beverage only accounts for 13% of total Income.

- Occupancy rate 67% (FY21) with room to grow and add value.

- Secure long lease with low sustainable rental.

- 70% direct bookings with only 15% OTA (Expedia and and 15% GDS.

- Exceptional quality 4 star Motel brilliantly positioned on main road with a strong business profile and street presence.

- 40 executive rooms ideal for corporate and leisure alike. Mix includes self-contained apartments and executive suites. All rooms are spacious and well appointed.

- Well diversified marketing mix with exceptionally high return loyal business.

- Resort style pool.

- Fantastic, licensed restaurant and bar with alfresco area overlooking pool (Outdoor and indoor seating areas). Generally, inhouse guests only.

- Conference area is well serviced and spacious.

- Currently fully run under management with a team that would like to stay on for the longer term and continue to bolster the business.

- Exceptional quality long term and reliable staff.

- Rendered block construction under tile roof.

- Rare, huge four bedroom executive/family size residence with private balcony.

- Popular location, 5 minutes to the airport, hospital, and CBD with 200m walk to shopping services.

- Stroll to the Mackay town centre in just 30 minutes.

- A business you will be proud to own.

Net Profit: $467,152 for 2021 Calendar Year

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2691ML (quote when enquiring)

Property Code: 4073

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