Charlestown, New South Wales
301ML - Well Established Position with A Consistent Turnover
SOLD
Business Description
20 room motel lease on coast
Centrally located and long time established
Great stopover for business or pleasure
Many tourist attractions close at hand
Close to medical facilities and shopping precincts
Motel attracts good occupancy
Great future potential for the new owner
14 year lease as of February 2014
Return on investment a solid 39 %
Net profit $99,550 for 2013/14
Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
Property ID: 301ML
Property Code: 261
Business Summary
Key Investment Insights
1. Well-established position with a consistent turnover.
2. Centrally located and long-time established.
3. Great stopover for business or pleasure.
4. Close proximity to tourist attractions.
5. Close to medical facilities and shopping precincts.
6. High occupancy rate.
7. Potential for future growth.
8. Long-term lease in place.
9. Solid return on investment.
10. Net profit of $99,550 in 2013/14.
11. Contact Warren Sweetman from Tourism Brokers for further information or to arrange an inspection.
12. Property ID: 301ML.
13. Property Code: 261.
