30-Room Leasehold Motel, Weipa

30-Room Leasehold Motel, Weipa — Hospitality & Tourism · Weipa, QLD · Asking $300,000 + SAV (LEASEHOLD) · Revenue $800,000 · Net Profit $263,000

Leasehold motel with 30 rooms in the centre of Weipa, offering 19 double and 11 twin shares. Repeat government department and corporate clientele including RIO, Boral and Coates. Coach tour company trade from Heritage, Casey and Discovery Tours. Heritage Bar and Bistro of around 50 seats, recently placed under a sub-lease arrangement. Repair and maintenance program over the past 36 months.…

DealProspect/Listings/Hospitality & Tourism

30-Room Leasehold Motel, Weipa

Motel

ActiveHospitality & TourismQueenslandB2C & B2G

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Asking price

$300,000+

Disclosed · AUD

Revenue

$800,000

TTM

Net Profit

$263,000

Implied multiple

1.1×

asking / earnings

Brief

Leasehold motel with 30 rooms in the centre of Weipa, offering 19 double and 11 twin shares.
Repeat government department and corporate clientele including RIO, Boral and Coates.
Coach tour company trade from Heritage, Casey and Discovery Tours.
Heritage Bar and Bistro of around 50 seats, recently placed under a sub-lease arrangement.
Repair and maintenance program over the past 36 months.
Currently run under a management structure.
Owner stated as wanting out.

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