Leasehold Motel, Toowoomba
Motel
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$480,000
Disclosed · AUD
Revenue (est.)
~$687,940
Estimated · comparable listings of this type and size
Net Profit
$166,000
Implied multiple
2.9×
asking / earnings
Brief
- Leasehold business of a Toowoomba motel located on the main entrance to the city
- 15 rooms with plenty of parking
- Close to Toowoomba shopping centre and facilities
- Favourite stop over for corporate clients and visitors
- 3 bedroom residence and office facilities included
- High level of repeat trade with consistent turnover showing growth
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