The business is situated on the main highway into Rockhampton and is close to the city centre. The Rockhampton Leagues Club is right next door. The leagues club and the motor inn complement each other with the leagues club providing food and entertainment for guests and the motor inn provides accommodation for people attending functions and so on.
The motel has large contract in place for the next two years at 50% of the future occupancy rate. This is equivalent to 70 rooms booked per week.
Facilities include:
The vendor would like to make mention that following some natural disasters in recent years, Rockhampton now is accessible at all time due to new infrastructure that has recently been built.
The owners operate the business with 3 additional staff and would ideally suit a couple as owner operators.
The sale includes a large 4 bedroom apartment.
Leasehold Sale Price $600,000
Market Conditions & CompetitionN/A
Financial SummaryN/A
Training & SupportN/A
Reason for SellingWanting to retire
Location
City: RockhamptonState: Queensland
Category Hotel/Motel/Accommodation
Tourism, Leisure & Entertainment
Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$657,000
Contact PersonSimon Johnson Price$600,000 Year EstablishedN/A
Phone07 3106 3811 Cashflow$N/A EmployeesN/A