Coonabarabran, New South Wales

RARE FREEHOLD GOING CONCERN 41 ROOMS ON 3 ACRES - 1630MF

UNDER CONTRACT

Business Description

- Well known established motel with pool and restaurant/bar options.

- Consistent returns.

- Easy to manage with strong repeat clientele.

- Very spacious parking and shared areas.

- Scenic quadrangle layout and established gardens.

- Strong highway frontage and signage.

- Upside for savvy operator.

- Large level block of 12,000 m2.

Opportunity to own this freehold and make improvements and build the business further, while enjoying consistent returns and the friendly country lifestyle.

Coonabarabran is a commercially strong town with plenty of attractions and benefits to offer. Discuss your requirements with our representative and arrange an inspection.

Net Profit: $379,853 for 2022/23

Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1630MF (quote when enquiring)

Property Code: 4814

Business Summary

Marketing Agent
Tony Neale
Tony Neale

Key Investment Insights

Key insights for this business for sale listing include:

1. Consistent returns: The motel has a strong track record of consistent returns, providing a stable and reliable income for the new owner.

2. Easy to manage with strong repeat clientele: The motel is well-established and has a strong base of repeat customers, making it easy to manage and maintain a steady stream of bookings.

3. Spacious parking and shared areas: The property offers ample parking space and shared areas for guests to relax and enjoy their stay.

4. Scenic quadrangle layout and established gardens: The motel's layout and gardens provide a peaceful and scenic atmosphere for guests, enhancing their overall experience.

5. Strong highway frontage and signage: The motel is located on a busy highway with strong visibility and signage, attracting passing travelers and increasing potential business.

6. Upside for savvy operator: There is potential for a savvy operator to make improvements and further grow the business, increasing profits and value.

7. Large level block of 12,000 m2: The property sits on a large level block, providing plenty of space for expansion or development opportunities.

8. Commercially strong town with plenty of attractions: Coonabarabran is a thriving town with numerous attractions and benefits, making it an attractive location for tourists and visitors.

9. Opportunity for freehold ownership: This is a rare opportunity to own a freehold property and build the business while enjoying consistent returns and a friendly country lifestyle.

10. Net Profit of $379,853 for 2022/23: The projected net profit for the upcoming year is strong, providing a promising return on investment for the new owner.
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