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Motel business for sale in Cairns City

  • Motel
  • Cairns City QLD 4870
  • Freehold $3,998,000

2609mf - Cairns Freehold Motel With 17% Roi

This is a great opportunity to get into one of Australia's best regional markets that is teaming with International and Domestic travellers. On offer is a freehold going concern motel on over 4,600 m2 land that has been extensively renovated over the past 4-5 years and now presents as a solid 3.5 star motel and upmarket restaurant with regular local trade.

Main points of interest are:

- First motel within the town limits as you enter Cairns from the South.

- 36 rooms of various configuration all upgraded in past 4 years.

- Fully functional and profitable restaurant with liquor license.

- Onsite pool, kids playground and barbeque area.

- 2 bedroom owner's residence plus small studio unit for manager/staff.

- Onsite laundry, good storage and undercover parking available.

- Good security via CCTV system.

- 30kw solar system saving approx. $20K per annum on power usage.

- Close to Cannon Park Racecourse, the Cairns Golf Course and Stocklands Shopping Centre.

- Trained and reliable staff in place to assist new owner.

The restaurant turnover has increased in the past 12 months and now exceeds $800K that makes it ideal for an experienced F&B operator OR to sub lease to an experienced chef/restauranteur. This is a real money earner and the current owners have set a realistic price as they are serious about selling

Call Tony today to set sail on your new business venture.

Net Profit: $658,452 for 2019/20

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2609MF (quote when enquiring)

Property Code: 3355

Tony Johnson
Tourism Brokers
Tony Johnson
Tourism Brokers

Business Highlights

Business ID2016045889
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Last updated  31 Jan 2020
Map for Cairns City QLD 4870
Map for Cairns City QLD 4870Cairns City QLD 4870
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Tony Johnson
Tourism Brokers
Tony Johnson
Tourism Brokers

Business Highlights

Business ID2016045889
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  31 Jan 2020
Tourism Brokers
170 Scarborough St Southport QLD 4215
Tony Johnson
Tourism Brokers
Tony Johnson
Tourism Brokers

Ask Tony Johnson about this business

Tony Johnson

Tony Johnson

Tourism Brokers

Call Broker
0433 335 679
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