Armidale, New South Wales
55ML - Big Leasehold Motel Huge Opportunity!
SOLD
Business Description
- Big 42 unit Leasehold Motel
- Family circumstances require a quick sale
- Great opportunity to development and grow the Business
- Priced to sell!
- Dis-used Restaurant
- Great Motel City
- It's Your Chance!
- Contact us now for further details.
The Country Comfort Armidale is a great opportunity for a leasehold Motel buyer looking to expand and improve the business. It offers 42 units with a disused Restaurant and has plenty of upside.
Family circumstances have led the owners to list their property for sale. Armidale is a very strong motel town in the popular New England region.
It's a chance you can't pass up. Phone us now for your inspection.
Widely considered the 'capital' of the New England High Country, Armidale is centrally located between Sydney and Brisbane. With a cosmopolitan culture, it is a university city that prides itself on being dynamic, progressive and innovative. It enjoys great natural beauty and has a thriving arts and cultural scene.
Net Profit $222,318 for 2017/18
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 55ML (quote when enquiring)
Property Code: 2874
Business Summary
Key Investment Insights
1. Quick sale required due to family circumstances
2. Opportunity for development and growth of the business
3. Priced to sell
4. Disused restaurant on the property
5. Located in a great motel city
6. Strong potential for improvement and expansion
7. Centrally located between Sydney and Brisbane
8. University city with a dynamic and progressive culture
9. Thriving arts and cultural scene
10. Net profit of $222,318 for 2017/18
11. Contact David Head from Tourism Brokers for further information or to arrange an inspection
12. Property ID: 55ML
13. Property Code: 2874
