1965MF - Excellent Opportunity to Acquire a Business with Significant Upside!
- 21 well-appointed rooms.
- Undercover parking to all rooms.
- Set on 2,037m2 of land.
- Main highway position.
- Barbeque area and cold room.
- Restaurant currently closed.
This is a well-established motel with a consistent trade over the years. This is an excellent opportunity for the freehold buyer to acquire a business with significant upside.
Net profit: $156,000 estimated 3 year average from June 2017 (as provided by owner)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1965MF (quote when enquiring)
Location: Blackwater is known as the Coal Capital of Queensland and the newly built, $9m Blackwater International Coal Centre showcases the Central Highlands Coal Industry for the world. The coal mines each year around Blackwater produce millions of tonnes of coking and steaming coal. The coking coal is exported to Japan, Italy, the United Kingdom, Holland, France, Spain, Greece, Chile and many other countries, while the steaming coal produced is used for power generation within Queensland.
The region is rich in minerals and agriculture, thriving on irrigation sourced from water storage on the Nogoa and Comet rivers. It claims the largest sapphire-producing fields in the Southern Hemisphere.
Major freight routes through the region include the north-south link between Charters Towers and northern New South Wales - identified as the inland transport alternative between Cairns and Melbourne.
Property Code: 2115