Coonabarabran, New South Wales

FREEHOLD GOING CONCERN WITH PLENTY TO OFFER! - 373MF

SOLD

Business Description

- Affordable Freehold Motel with plenty of upside.

- Centre town location - Walk to all facilities.

- 17 ground floor spacious units.

- Growth galore for Internet savvy user.

- The current owners have operated the Motel for 27 years.

- The Motel has a great structure.

- You take it to the next level!

- Be quick – this could be just what you’ve been looking for!

Net Profit: $200,000 expected for 2022/23 with opportunity to grow.

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 373MF (quote when enquiring)

Coonabarabran is home to more than 3,000 countryside dwellers. The town is located in Warrumbungle Shire in New South Wales and is 451 kms away from the north-western part of Sydney and 161 kms north-east of Dubbo. Events: Coonabaraban Show, Bunny Bazaar, Wings & Things, Hartwood Campfire and Country Music Festival, Dark Sky Awakens Festival, Cup Race Meeting, Siding Spring Observatory Open Day, Tunes on the Turf and monthly markets.

Property Code: 4637

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

1. Prime location in the center of town, providing easy access to all local facilities and amenities.
2. 17 spacious ground floor units, providing comfortable and convenient accommodation for guests.
3. Potential for growth through online marketing and targeting internet-savvy customers.
4. Established business with a solid structure, operated by the current owners for 27 years.
5. Opportunity for new owners to take the business to the next level and increase profits.
6. Net profit of $200,000 expected for 2022/23, with potential for further growth.
7. Coonabarabran is a thriving town with a population of over 3,000 and a range of popular annual events.
8. Close proximity to major cities such as Sydney and Dubbo, making it an attractive destination for travelers.
9. Diverse range of local attractions, including the Siding Spring Observatory and monthly markets.
10. Freehold ownership provides long-term security and potential for future development.
Listing location

This Business is sold

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