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Large Leasehold Motel - 1P4830M

Business for Sale
Parkes NSW

Large Leasehold Motel in Strong Regional Centre - Long Lease, 49% ROI.

Price Leasehold $699,000

Large Leasehold Motel - 1P4830M

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Easy to Operate 39 Room Motel in Strong Regional Town.

Located in Central West of NSW, midway between Melbourne and Brisbane, this motel presents very well and is very well supported by regular clientele that work in the area.

The motel provides:

. 39 ground floor rooms of varying types
. Long lease, 28 years remaining
. 4 bedroom manager's residence
. Pool, BBQ and landscaped grounds
. Set back from the highway
. Restaurant – easy to run
. Recent renovations

The town is a progressive regional centre that also provides a quality lifestyle along with a robust economy that allow business to develop and flourish.

Great opportunity to secure a constant performing leasehold motel, perfect to run under management.

Net Profit: $342,235 for 2019/20

Contact Seller

Contact: Darren Leaney
Phone: 07 5371 0165
Mobile: 0456 017 677

Bsale ID: 275848
Agent ID: 1P4830

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