Motel For Sale
Location Australia
Asking Price Range $5.0M - $10.0M
Gross Revenues $1500000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Available
Reason for Sale Owner Operator is Retiring
Description Located in Cairns on Barrier Reef, 4 Star leading Motel, 61 Rooms, Restaurant/Bar/ Convention facility 2 mins from CBD located an the main road. Excellent condition 11 years old and highly presentable. Perfect timing to buy with 6 new flights ready to commence directly into Cairns from Shanghai & Guangzhou. Owner-operator retiring. Private Sale US$8.5m.
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