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Toowoomba QLD 4350

Toowoomba QLD 4350

  • Hotel, Motel, Pub & Leisure
  • For Sale, $5,250,000

Secure your future with this lucrative leasehold opportunity in Toowoomba | Resort Brokers ID : LH007872

    Centrally located in Toowoomba's business district, Quest Toowoomba's ground-floor reception facilities have been adapted from a historical church resulting in a truly unique and stunning asset.

    The business is also well positioned near all major connections that service South East Queensland including the Sunshine Coast, Gold Coast, and Brisbane, as well as Western Queensland and the Darling Downs alike.

    With consistently strong financial figures, this is a business an incoming purchaser should have confidence of continued performance driven by loyal clients coupled with exceptional occupancy and rate.

    The property opened in 2015 and the current franchisees have grown a dedicated and loyal team in this time. There is approximately 20 years left on the initial lease including options. The new owner will be hands-on in the business and looking to continue to drive this property to reach its potential.

    The business continues to grow from strength to strength and with a long 20 years on the lease makes this a prime investment for the new Franchisee. So don't miss out on this opportunity and contact Jason today with your enquiries.

    - Loyal and hardworking staff in place
    - Current occupancy 75% YTD 
    - Full franchise support from the Quest team
    - 20 years remaining on the lease 
    - Strong ARR of $239 per night 
    - Boasting a net profit of $1,414,272 for FY23
    - Inspections by appointment only

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018722843
    Category
    Last updated  29 Feb 2024
    Map for Toowoomba QLD 4350

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018722843
    Category
    Last updated  29 Feb 2024

    Listed by

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