Motel Business Forbes

Business For Sale Forbes, New South Wales 2871

Business Category Motel

$390,000

Description

Motel Business Forbes

Forbes (population 8,500) is located on the busy Newell Highway between Parkes & West Wyalong, 374 km from Sydney via Bathurst & Orange. The town has strong tourism with many historic buildings & parks, in addition to a significant rural and industrial base. Our client’s motel offers:
Centre of town location
29 ground floor units recently refurbished -
2-bedroom residence attached to office for ease of operation
No restaurant – plenty of food outlets within walking distance
Long lease of 25 years – net profit 2018/ 2019 $128,558
Easy to run for a couple or sole operator
Existing lessee purchased 12 months ago for family who are no longer involved
An inspection will not disappoint – accountant’s reports are available to potential buyers upon signing a confidentiality agreement
For Sale: $390,000
Rental: $123,000 PA+GST +outgoings
Lease Term: 25 years
Contact Seller
Country Business Brokers Admin
  • Country Business Brokers Admin

Bsale ID: 563164
Broker REF: W 790

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