Business Sold Jindabyne, New South Wales 2627
Business Category Motel
SOLD
Description
Prime Leasehold Opportunity For A Thriving Motel In Scenic Jindabyne - 1685ml
Scenic Gem: Nestled in picturesque Jindabyne, this leasehold motel offers stunning panoramic views.
Accommodation: Boasting 25 well-appointed motel units and a three-bedroom apartment providing a diverse range of accommodation options to cater to various guest preferences. Staff are also looked after with a separate manager’s room and four staff bedroom quarters.
Scenic Views: Enjoy the breathtaking views of Lake Jindabyne from the 60-seat licensed restaurant with separate bar, providing a unique and picturesque setting for guests.
Luxurious Upgrade: A recent $1 million refurbishment has transformed the motel into a haven of luxury and modern comfort.
Loyal Clientele: Established customer base ensures a steady stream of bookings and revenue.
A very impressive property in the heart of Jindabyne, providing the basecamp for a year-round adventure playground, the winter months are dominated by servicing Skiing/Snowboarding clientele with the off-season months attracting those interested in Flyfishing, mountain biking, bushwalking/hiking and much more.
The Panorama Jindabyne has also successfully tapped into the Wedding Reception and Function market expanding revenue streams and amplifying turnover.
Net Profit: $521,703 for 2022/23
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1685ML (quote when enquiring)
Property Code: 4822
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This business is somewhat unique and has no similar competition in this region, category or price bracket.