Skip to main content
DealProspect/Listings/Hospitality & Tourism

11-Unit Motel, Goomeri

Motel

ActiveHospitality & TourismQueenslandB2C
Asking price
~$569,548
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$721,204
Estimated · comparable listings of this type and size
Net Profit
$170,060
Implied multiple (assumed)
~3.3×
Assumed · comparable listings of this type and size · typically within ±20%

Brief

  • Well-presented 11-unit motel in Goomeri, South Burnett district
  • Only motel in the area with no competitors and 70%+ occupancy
  • Located 85km inland from Gympie, about two hours from Brisbane and Toowoomba
  • Solar system installed; bathrooms and hot water system refurbished/replaced in 2023
  • Rooms refurbished to AAA 3.5 star standard
  • Sits on a 1,977 sqm corner block with two wings plus a vacant building block
  • Long-term consistent performer, easily run by a single or couple
  • Seasonal boost from the annual Goomeri Pumpkin Festival
  • Opportunity to improve the bottom line by providing evening meals

More hospitality & tourism businesses for sale

Motels for sale in Queensland (19) →