Internal Ref: 118237750
Summary
The Phone Code for this Business is: 25571. Please quote this number when phoning or texting. Seize this opportunity to acquire a well-established, easy to manage business in one of the ...
Location Details
118-136 Main Street
About the Business
The Phone Code for this Business is: 25571. Please quote this number when phoning or texting.
Seize this opportunity to acquire a well-established, easy to manage business in one of the Sunshine Coast's most coveted locations – Montville. This is the third time in 50 plus years the leasehold of this 26 room motel has been available for acquisition for good reason:
• The only motel in the village area ensuring excellent exposure and a steady stream of guests ;
• Limited competition with target market;
• A catchment of 4,000,000 in the South east Queensland area;
• 25 minutes to all that the Sunshine Coast has to offer;
• Booming wedding industry;
• Great net profit and ROI to working owners.
The motel can easily be run by 1.5 FTE ensuring the perfect work-life balance for the manager or owner. This will be complimented by a 2 story 4 bedroom residence attached to the office.
The business has shown sustained growth over the last 5 years. The lease has 17 years to expiry in the absence of negotiations with the lessor for a further top -up. Rent is indexed to CPI subject to an annual cap of 3%.
The leasehold is subject to sale by Expression of Interest. Further information on the business and sale process can be obtained by contacting John Torpy on 0447 943 816 or email torpy1234@gmail.com.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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