Balranald, New South Wales
90ML - OWNER WANTS IT SOLD - VENDOR FINANCE AN OPTION
SOLD
Business Description
- Exceptional Opportunity, Huge Return, Solid Trading History.
- Huge Money Earner 64% Return with Very Low Rental
- Fantastic starter / first time motel business.
- Rare opportunity to purchase an outstanding business with a low ongoing rental.
- The existing owners have a number of systems that have been implemented and work, training will be provided.
- Easily operated by a couple.
- Return clientele.
- Guest facilities include a pool.
- Leasehold business with sensible rent.
- Ample and very rare family four bedroom residence adjoins the reception area.
- A small busy regional town that is growing.
- A progressive local community.
- Vendor finance will be considered as an option.
Located in the small regional town of Balranald, the semi-desert demographic outback area leans to a quality lifestyle environment.
This busy 12 room motel and spacious residence adjoining the reception area is waiting for your inspection. With plenty of opportunity for improvement, a couple can operate this business easily and be your own boss.
If you enjoy a country lifestyle, then this motel can be your key that opens the lock on your future.
This property is worthy of an inspection.
Net Profit $178,149 for 2018/19
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 90ML (quote when enquiring)
Location: Balranald is a scenic road trip from Sydney, Melbourne and Adelaide. The drive west from the Riverina wine region town of Griffith is less than three hours and the nearest regional airport is in Mildura, less than two hours’ drive away. Known as the gateway to Outback NSW, Balranald is the ideal destination for those travelling between Sydney and Adelaide on the Sturt Highway.
Property Code: 3425
Business Summary
Key Investment Insights
1. The business has a high return rate of 64% with low rental costs.
2. It is a great opportunity for first-time motel owners.
3. The current owners have implemented successful systems and will provide training.
4. The business can be easily operated by a couple.
5. The motel has a loyal customer base.
6. Guest facilities include a pool.
7. The business is leasehold with a reasonable rent.
8. The four-bedroom residence adjoining the reception area is a rare and valuable asset.
9. The town of Balranald is growing and has a progressive local community.
10. Vendor finance is an option for potential buyers.
11. The town is located in a semi-desert outback area, providing a unique lifestyle environment.
12. The motel has 12 rooms and a spacious residence.
13. There is potential for improvement and growth under new ownership.
14. The location of Balranald makes it a popular stop for travelers between Sydney and Adelaide.
15. The nearest regional airport is less than two hours away.
16. The property is worthy of inspection.
17. The net profit for 2018/19 was $178,149.
18. The property is listed under the ID 90ML.
19. The town is known as the gateway to Outback NSW.
20. The property code for this listing is 3425.
