Bargain-Priced Motel Only 30 Minutes from Toowoomba - 1P5161M

Preview Listing

Location Details :

Country

Australia

State

Queensland

City

--


Industry :
Professional - Brokerage ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Act quickly to pick up this bargain priced motel!

After nine years operating the motel, the current owner is moving into retirement and offering this motel at price suited to a quick sale. The property has eleven clean and tidy rooms and is very well located and only a few minutes' walk to pubs, local shops & cafes.

Solid local industries support a reliable trade with turnover and profit remaining consistent throughout the disrupted 2020 year. With prospects in local mining there is potential for growth into the future.

This motel is priced to sell, and an early viewing is recommended.

profile
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CRE Brokers are specialist business & property agents & valuers dedicated to the tourism & leisure sector. With established offices in Victoria & Queensland, NSW and Tasmania CRE have a dynamic team of around 30 professionals – underpinned by three generations of experience in the sales and operation of tourism & leisure businesses and properties.
 
CRE operate throughout Australia – offering an efficient and professional service with a proven track record in the sales of:
 
  • Caravan / Holiday Parks
  • Managements rights
  • Motels
  • City & Country Hotels
  • Gaming Venues
  • Bars & Nightclubs
  • Live Music Venues
  • Resorts
  • B&B’s / Guesthouses
  • Property Investment Management
  • Bottle shops
  • Supermarkets
  • Investment Properties
  • Restaurants
  • Cafes
 
With a team of experienced agents, efficient administration support staff and strong ‘hands on’ leadership from Melbourne, Sydney, Tas, S.A directors Kevin Connolly and Hugh Roberts, NSW and QLD director Craig Clarke CRE Brokers offer a professional and flexible service – seeing every property and business as unique and tailoring marketing tactics to suit. From large scale national campaigns – to cost effective local/state campaigns – to discreet ‘off market’ campaigns – by way of private treaty, expressions of interest, tender or auction campaigns.
 
CRE brokers work diligently and provide first class support from the early stages of listing, to the negotiating stage, right through to settlement. In addition, CRE offer tourism & leisure property management, buyer’s advocacy services and a full valuation service.
CRE’s valuation team is headed by Kevin Connolly specialises in tourism & leisure, commercial and industrial property – offering sworn valuations, rental determinations, feasibility studies and more.
 
Foundations
Kevin Connolly founded Connolly Real Estate 30 plus years ago, based in Brighton and later Sandringham working as valuer Kevin had a passion for the tourism hospitality sector this passion is reflected by his reputation as a professional and a leading expert within the tourism hospitality sector.
 
Present Day
CRE Brokers continue to reaffirm their position as industry leaders, testimony to this was the opening of the Albury and Tasmania branches in 2013 followed by Queensland & NSW opening July 2014 headed up by Craig Clarke. Craig has enjoyed a successful, award winning career as an agent and operator with the tourism sector before making the decision to join the industry’s fastest growing and most successful agency CRE Brokers.
 
Ever considered working in the brokerage industry? CRE has the career for you. We are always looking for individuals to join our team from industry novices to experienced licensed agents ready for the challenge of operating their own business. CRE has the opportunity.
 
CRE Brokers are members of the Australian Hotels Association, Victorian Parks Association, CRVA, Hotels & Motels Association of Australia, Master Grocers Association, Victorian Hotel Brokers Association, Real Estate Institute of Victoria, Real Estate Institute of NSW and Australian Property Institute.
 

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$290,000

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