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

Marketing Agent
David Head
David Head

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
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

GREAT STARTER MOTEL LEASE - NORTHERN RIVERS NSW
Premier Business Sales
GREAT STARTER MOTEL LEASE - NORTHERN RIVERS...

MACLEAN

$499,000 LEASEHOLD

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

VERY AFFORDABLE FREEHOLD MOTEL WITH GREAT POTENTIAL! - 894MF
Tourism Brokers
VERY AFFORDABLE FREEHOLD MOTEL WITH GREAT...

MOREE

FREEHOLD $675,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

BOUTIQUE MOTEL on the beautiful Mid North Coast
Ocean Breeze Motel
BOUTIQUE MOTEL on the beautiful Mid North...

PORT MACQUARIE

$495,000 Leasehold - Genuine Purchasers Only

Total Rooms: 10
Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Acacia Terraces - 1P6057
Strategic Location Christchurch Central
An Excellent Freehold Going Concern Motel - 1450MF
Another $70,000 Price Reduction - ID 9134
near Bribie  Island
BRAND NEW HIGH QUALITY MIXED USE MANAGEMENT RIGHTS OVERLOOKING KIRRA BEACH | Resort Brokers ID : MRB008362
High profit management rights- Short Term Accom in Fortitude Valley -  $521K net | Resort Brokers ID : MR008356
Acquire a premier Main Beach OTP | Resort Brokers ID : OTP008349
Seeking a dedicated and proactive Building Manager (contractor)
Enviable Lifestyle with a Reliable Cashflow
Freehold Business in Lambton for $3.25M, Developers Dream - 125HF
Large & Profitable in Napier
Lake Boga Pub - 1P6058
Exceptional FHGC Caravan Park for Sale in Historic Charters Towers - 1056CPF
EASY Business and LARGE Remuneration with 3% annual increase!
Byron Bay Boutique Beachside Lifestyle Business | Resort Brokers ID : MR008358
TWO SIDE-BY-SIDE PERMANENTS NETTING $583K FOR 4.8X MULTIPLIER | Resort Brokers ID : MR008354
OFF THE PLAN PERMANENT MANAGEMENT RIGHTS | LITTLE EAGLE NUDGEE BY PEET