Bourke, New South Wales

FREEHOLD GOING CONCERN - PROVEN PERFORMER. YIELD approximately 20% - T/O IN EXCESS OF $700K

SOLD

Business Description

*Turnover for first 6 months of 2021/22 $595 307
*Projected Net profit for 2022 to be in excess of $420 000
* 26 self contained units
*Huge block of land - 1.7 Hectares
* In addition there is the option of a Perpetual Western Land Lease suitable for 60 caravan sites
* Full size all weather tennis court
* Two swimming pools
*Large parking area suitable for all vehicles including helicopters.
* Extremely quite location yet it is still exposed to two major roads
* Ideally positioned to capture North/South bound traffic

Business Summary

Marketing Agent
Jim McDonald
Jim McDonald

Jim McDonald Brokers

Jim McDonald Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. High Yield: The business has a yield of approximately 20%, which is a very attractive return for potential buyers.

2. Proven Performer: The business has a track record of success, with a turnover of over $700,000 and a projected net profit of over $420,000 for 2022.

3. Large Property: The business is situated on a huge block of land, measuring 1.7 hectares. This provides ample space for expansion and development.

4. Multiple Accommodation Options: The business offers 26 self-contained units, providing a variety of accommodation options for guests.

5. Potential for Further Development: The property also has the option of a Perpetual Western Land Lease, which can accommodate an additional 60 caravan sites. This presents an opportunity for further growth and revenue.

6. Recreational Facilities: The business offers a range of recreational facilities, including a full-size all-weather tennis court and two swimming pools. This adds value to the guest experience and sets the business apart from competitors.

7. Ample Parking: The property has a large parking area that can accommodate all types of vehicles, including helicopters. This is a unique feature that can attract high-end guests.

8. Quiet Location: Despite its exposure to two major roads, the business is situated in an extremely quiet location. This provides a peaceful and relaxing atmosphere for guests.

9. Strategic Positioning: The business is ideally positioned to capture North/South bound traffic, making it easily accessible for travelers.

10. Potential for Growth: With its strong performance and strategic location, there is potential for further growth and expansion of the business.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Freehold Motel with Licensed Restaurant & Bar | Regional WA | 60+ rooms | fully under management
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
Exclusive - Highly Passive Business Only 1.85 Multiplier - ID 9238
AN EXCITING OPPORTUNITY WHERE TRAVEL IS INCLUDED – 13CL
Robina Permanent Management Rights – Strong Income, Long Tenure, Flexible Operation
A Rare Opportunity to Aquire a Luxurious and Highly Profitable Management Rights Business
Blue Chip Management Rights with the Ocean at Your Doorstep
Townsville Permanent Management Rights Opportunity, No Real Estate to Purchase
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
FREEHOLD MOTEL WITHIN 2.5 HOURS OF BRISBANE – 2290MF
A little Noosa luxury. A very smart next move. | Resort Brokers ID : MR009351
Own the Land. Grow the Income. Live the Lifestyle. | Resort Brokers ID : FH009355
Secure a Rare Passive Investment in a Prime Eyre Highway Location | Resort Brokers ID : INV009348
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE | Resort Brokers ID : MR009347
Add On Caretaking!!
Lakeview Caravan Park Coombabah
Priced to Sell – 17 Unit Motel - Well Located
Caravan Park Approx 6 acres   Vendors terms