1258ml - Exceptional Regional City Leasehold Motel Opportunity!

North Tamworth, New South Wales 2340

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Excellent CBD location in regional city
  • 38 plus units
  • Minimal food and beverage
  • Turnover concentrated in accommodation
  • Operated under management for many years
  • Freehold owner selling new 30-year lease
  • Turnover: $approaching $1m
  • Net Profit: $300,000
  • Rent/Lease: New 30-year lease
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

- Excellent CBD Location in Regional City

- 38 units plus and minimal food & beverage

- Turnover approaching $1m with the bulk in accommodation

- Run under Management for a number of years

- The Freehold owner is selling off a new 30-year Lease

- Contact us now for further details.

Tamworth is a dynamic, progressive city and a major regional service centre with an easy-going lifestyle and a strong economy. Manufacturing, health and community services, education, logistics, wholesale trades, food processing and tourism and hospitality provide a solid economic base. Retail is the biggest employer, and there’s a strong base in property and financial service sectors, aviation and construction. Agriculture generates significant economic activity, as does the Australian Equine and Livestock Events Centre.

Net Profit: $300,000 expected

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1258MF (quote when enquiring)

Property Code: 3478

What's Nearby

Contact Seller
Tourism Brokers Tourism Brokers
David Head

Bsale ID: 676461