Businesses for Sale - Tasmania - QUEENSTOWN
Freehold Motel Netting 20%, West Coast
Impressive 20% net profit and still showing strong growth with this multi-faceted property.
- 24 room motel
- Freshly repainted
- Rooms catering for many different guest types
- Restaurant with bar
- Large commercial kitchen
- Commercial and public Laundromat
- 2 bedroom owners flat
- Ample off street guest parking
The Motor Lodge is situated in the centre of Queenstown on Tasmania's West Coast.
It has been doing a great turnover in recent years and is showing a strong bottom line with very impressive growth.
The current owners have recently had the property fully repainted and maintenance has been kept well up to date.
The commercial laundry and laundromat has been operating for 2 years and shows a very solid return with contracts in place.
This very profitable business could be easily operated as a family or partnership venture or as a passive investment.