Cowra, New South Wales

409ML - Big Turnover, Small Price, Huge Return!

SOLD

Business Description

YOU MUST take a close look at this Leasehold Motel located in the strong Central West town of Cowra, showing a huge 40 % plus return. It is a proven performer over a long period of time with average Turnover around $600,000 over the last 4 years.

It offers 25 units, 22 of which are ground floor and has a strong Corporate and Coach Trade. The owners have negotiated a new 25 year Lease from November 2014.

The owners have reinvested heavily into the rooms and there is a two bedroom residence with adjoining flat - ideally suiting an extended family. Your inspection is highly recommended.

Contact us now for further details!

Net profit $149,467 for 2013/14

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

Property ID: 409ML

Property Code: 1214

Business Summary

Marketing Agent

David Head

0438 66....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Leasehold motel located in the strong Central West town of Cowra
2. Proven performer over a long period of time with average turnover of $600,000 over the last 4 years
3. 25 units, 22 of which are ground floor
4. Strong corporate and coach trade
5. New 25 year lease negotiated from November 2014
6. Reinvested heavily into the rooms
7. Two bedroom residence with adjoining flat, ideal for an extended family
8. Net profit of $149,467 for 2013/14
9. Contact David Head from Tourism Brokers for further information or to arrange an inspection
10. Property ID: 409ML
11. Property Code: 1214