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Motel Management Rights (Sunshine Coast)
Location
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QLD - Other
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Industry |
Accommodation & Tourism |
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| Investment amount |
$1,290,000.00 |
Opportunity |
Business for Sale |
| Inventory amount |
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Listed by |
Coastal Business Brokers
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Reference: KA401
Broker: Leanne Petherbridge
This is a very unique management rights opportunity. Not only is it located in a very popular tourist destination with virtually no other motel competition but it also has all the benefits of being a motel operation as all units must stay in the letting pool. This business represents a great business for an owner operator with plenty of flexibility and great opportunities to further increase the return. What a great opportunity to work in the lucrative motel industry.
The owners find the motel very easy to run as they man the office (shared between the two) and employ staff to clean and maintain the premises. The business could easily be run by one owner, allowing another owner to work elsewhere. The current owners have very well documented procedures to ensure a very smooth handover to new owners. Occupancy is high. There is good potential to grow the income by taking on some of the cleaning and maintenance work as well as building the catering (eg gourmet breakfasts). The complex has an excellent industrial kitchen for this purpose. Its recent nomination in Lonely Planet will further boost bookings.
The motel is in a very central location. It is in easy walking distance of many restaurants. The manager’s unit/townhouse has lovely water views of the lake nearby. The motel is located in a quiet street but has good signage on the nearby main road. The owner’s unit is a townhouse with its own private courtyard.
The units in the complex are all large and spacious with private balconies. Included within the complex is a pool, spa and beautiful barbecue area. The commercial kitchen is off this area and would lend itself to catering for groups (eg evening barbecues). An extensive inventory of equipment and linen is included within the price of the business. The whole complex is well maintained and recently repainted.
This business offers an ideal motel opportunity with the benefits of a management rights structure. The business is very easy to operate allowing the current owners plenty of time to enjoy their other pursuits. It is a well presented complex, has minimal competition nearby and represents a very solid investment to a new buyer. This is a very rare opportunity.
For more information please submit an expression of interest below.
