Profitable South Coast Leasehold Motel With Impressive 40% Plus Roi - 496ml

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

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Jen Todd

Bsale ID: 608466
Broker REF: tourismbrokers_50_1434

Tourism Brokers