Popular Regional Motel Leasehold - 1642ml
Business Sold Glen Innes, New South Wales 2370
Business Category Motel
SOLD
Description
Popular Regional Motel Leasehold - 1642ml
- 25 room motel in strong country town.
- All ground floor well-appointed rooms.
- Spacious parking including truck and bus.
- Well known Steakhouse Restaurant and Bar.
- Commercial kitchen suit chef or cook.
- Popular Motel regulars and repeat guests.
- Busy highway position strong signage.
- Long lease extendable and low rent.
- Reliable income and returns.
- Upside potential for new operator.
Net Profit: $237,993 for 2022/23
Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1642ML (quote when enquiring)
Property Code: 4919
- All ground floor well-appointed rooms.
- Spacious parking including truck and bus.
- Well known Steakhouse Restaurant and Bar.
- Commercial kitchen suit chef or cook.
- Popular Motel regulars and repeat guests.
- Busy highway position strong signage.
- Long lease extendable and low rent.
- Reliable income and returns.
- Upside potential for new operator.
Net Profit: $237,993 for 2022/23
Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1642ML (quote when enquiring)
Property Code: 4919
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
