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DealProspect/Listings/Hospitality & Tourism

Queenslander-Style 54-Room Motel

Motel

ActiveHospitality & TourismB2C
Asking price
~$1,200,058
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$1,533,361
Estimated · comparable listings of this type and size
Net Profit
$370,000
Implied multiple (assumed)
~3.2×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
  • 54-room motel with a 25-year lease.
  • Mix of motel rooms, studios and apartments plus a restaurant.
  • Refurbished in 2018 with polished concrete flooring in most rooms.
  • Large wrap-around verandahs to all rooms.
  • Fully staffed; owner has operated since 2008.