Lightning Ridge, New South Wales 2834
FREEHOLD $1,150,000
Key Features
AI generated. Contact seller to confirm.
- Freehold motel in highly popular tourist region
- Clientele mainly contractors and trades workers
- Short and long-term bookings available
- Easily managed, ideal for hands-on owner-operator
- Owner recently replaced roofing, no maintenance required
- Future prospects include government-funded museum nearby
- Turnover: Not disclosed
- Net Profit: $146,549 for 2023/24
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
- Located in extremely popular tourist region.
- The town is in high demand for accommodation.
- Clientele mainly contractor and trades profit.
- Short and long term bookings.
- Easily managed concern.
- Future prospects in the area include government funded museum.
- Owner has recently replaced the roofing - no maintenance required.
This business certainly has potential to increase the bottom line net profit with hands on management. This is a great opportunity.
Adjusted Net Profit: $146,549 for 2023/24
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1896MF (quote when enquiring)
Property Code: 5383
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.