Leasehold Motel Sunshine Coast North
About this business for saleLeasehold Motel Sunshine Coast North
A great opportunity awaits with this well managed popular leasehold motel on the Bruce Highway, Gympie.
Located on the south side of the town, opposite the beautiful park, duck ponds and the Tourist Information Centre, the motel includes a 30 seat conference / function facility, plus a 50 seat al a carte restaurant and bar.
The premises have a high net profit, with the ability to be further increased. The premises also have the capacity for functions and conferences. 32 units in the complex with 17 years still remaining on the lease.
There is also the opportunity to purchase the adjacent freehold real estate, which includes a house, office and shed which can be used as training facility.
This business, together with the option to purchase the neighbouring real estate, give a great opportunity for 2 families to be involved in the investment.
The opportunity awaits for a business savvy person to gain a business with accommodation, and reduced day to day living costs due to the restaurant etc.
+61 7 5479 6155
+61 419 378 777
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.