Business Sold New South Wales
Business Category Motel
SOLD
Description
Profitable South Coast Leasehold Motel With Impressive 40% Plus Roi - 496ml
Exclusive to Tourism Brokers is this high performing coastal motel situated on the beautiful Sapphire Coast of NSW. Catering for Corporate and leisure guests the motel boasts a high percentage of repeat clientele with continued growth and offering a massive ROI, Leaseholds like this do not come around often.
- Prominent highway location on huge block of land.
- 26 spacious refurbished rooms of varying configurations with quality fixtures.
- Heated indoor swimming pool, gymnasium and outdoor barbeque area.
- 2 x EV charging stations.
- Plenty of parking including large vehicle/bus and boat parking area.
- 74 % Occupancy.
- 2022 Travellers Choice award with amazing customer reviews.
- 3 bedroom residence with internal access to reception.
- 50 seat restaurant with dancefloor and adjoining bar (currently not in use).
- 29 years remain on the Lease as of 1st October 2022.
- Over 40 % return on investment.
Priced to sell call now to arrange a private inspection.
Net Profit: $355,185 for 2022 calendar year
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 496ML (quote when enquiring)
Property Code: 4483
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This business is somewhat unique and has no similar competition in this region, category or price bracket.