Broken Hill, New South Wales
AN INCREDIBLE OPPORTUNITY WAITS FOR YOU - ID 217ML
SOLD
Business Description
- 23 rooms, ranging from an iconic experience to compact and clean.
- Easy to operate.
- Excellent turnover.
- Stable financial history.
- Great town location.
- Has everything you need for a successful business.
- Catering for all tourist groups.
- Leasehold Motel - Vendor Finance available up to 50%
The award-winning Lodge Outback Motelboasts an array of tourism awards. A varying choice of accommodation leaves no-one missing out. A high 3-star rating overall making it amongst one of the top accommodation businesses in Broken Hill.
The small neat three bedroom residential property right next door is also used for accommodation, but you could call it home if you would like to.
A perfect location in Broken Hill, a stone’s throw from the Silver City and Barrier Highways connecting travellers to Adelaide, Brisbane, Sydney and Melbourne.
Broken Hill City Council and Destination Outback and Country have created a new promotional video highlighting the many wonderful aspects of the location. Two new Camel tour operators have started offering tours in Broken Hill and Silverton (as of 2020) and the West Darling has had a massive renovation and reopened as the Broken Hill Pub which offers a great new place to eat.
Net Profit: $178,522 for 2018/19 (as provided by owner)
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 217ML (quote when enquiring)
Location: Broken Hill is located on one of two main access roads providing access between Sydney/Brisbane and Adelaide. It is situated 1,067 kms west of Sydney and 508 km north east of Adelaide. The town supports a large silver, lead and zinc mining operation (operated by Perilya Limited) together with a recently developed mineral sands mine. Broken Hill is a city that has reinvented itself. It's a city basking in a colourful history - from its early origins as a place on the edge of the central desert, where vast riches in minerals were drawn from its very foundations to a vibrant and commercial, arts, and tourism centre. Broken Hill boasts community infrastructure that is the envy of many larger communities and it is now a hub for a very rich tourism Industry. Along with its own attractions including a large art industry, it is the hub for the diverse outback tourism experiences of the region with excellent transport options of rail, road and air. Broken Hill Airport is located 6 km from Broken Hill’s town centre.
Property Code: 4116
Business Summary
Key Investment Insights
1. The business has a range of accommodation options, catering to different budgets and needs.
2. The business has a stable financial history and excellent turnover.
3. The location of the business is in a great town, with easy access to major highways.
4. The business has won multiple tourism awards, showcasing its success and popularity.
5. The business is easy to operate, making it a great opportunity for a new owner.
6. The residential property next door can also be used for accommodation or as a home for the owner.
7. The location of the business is a hub for tourism in the region, with new attractions and developments increasing its popularity.
8. The business has the potential for growth with the increasing popularity of the region and its attractions.
9. The owner is willing to provide vendor finance for up to 50%, making it an attractive opportunity for potential buyers.
10. The town of Broken Hill has a rich history and is a popular destination for tourists, providing a strong customer base for the business.
