Dubbo, New South Wales
466ML - An Exceptional Regional Leasehold Motel!
SOLD
Business Description
- This Leasehold Motel is a must to inspect!
- Nationally rated No.4 in Star Ratings "Gold List" for "Overall Guest Experience"!
- Regional City Location .
- 17 x 4 Star units.
- Minimal Food and Beverage.
- Walking distance to Bowling Club.
- Strong repeat trade.
- Consistent Trading History.
- Exceptional operational systems in place.
- A dream to own and operate.
- Comfortable residence with private yard and courtyard.
- It's one of the best properties available - Don't Miss It!
Right Out Of The Top Drawer! One of the Best B&B Leasehold Motels Available!
This Leasehold Motel offers 17 x 4 star units and is located an easy walking distance to a bowling club. The units are exceptionally well maintained and presented. It offers a long30 year lease, a spacious two bedroom residence with an optional third bedroom, plus private courtyard.
With over 90% of the Turnover in accommodation and a strong room rate, it's a Leasehold Motel that ticks all the boxes.
Dubbo is regarded as the strongest Regional Motel town in NSW, providing for a huge service area, having strong corporate trade, the Dubbo Zoo with its holiday makers and a heavy transit trade between Melbourne and Brisbane. With the State & Federal Government approval of Alkane's Toongi mine in the Dubbo region in May 2015, pressure on Dubbo accommodation can only increase.
Your Inspection is highly recommended!
Net profit $247,154 for 2014/15 - Similar expected in 2015/16
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 466ML (quote when enquiring)
Location: Dubbo NSW
Ideally located at the intersection of major road and rail routes and an air transport hub, the City is a thriving business centre servicing a regional population in excess of 120,000 people with a population of 42,000. The city is a thriving regional home to people who enjoy close proximity to extensive medical, health, welfare, educational, recreational, cultural and shopping facilities, while State and Federal government departments have established regional offices in the City. You can live close to where you work, so you can have a fulfilling career and time to spend on yourself and your family. Here you can achieve an optimal work/life balance.
The city offers an affordable rental and real estate market, provides first-rate medical services to one-third of the State, and has a well-established pre-school, public and private education network. Local industries include retail, health, manufacturing, transport, tourism, education, construction, business services, agricultural and government services.
Property Code: 1696
Business Summary
Key Investment Insights
Key insights for this business for sale listing include:
1. Nationally rated No.4 in Star Ratings "Gold List" for "Overall Guest Experience", indicating a high level of customer satisfaction and quality service.
2. Regional city location with a strong service area and diverse customer base, including corporate, holiday, and transit trade.
3. 17 x 4 star units, exceptionally well-maintained and presented, providing a comfortable and enjoyable stay for guests.
4. Minimal food and beverage operations, allowing for a focus on accommodation and potential for increased profitability.
5. Walking distance to a bowling club, providing additional entertainment and dining options for guests.
6. Strong repeat trade, indicating a loyal customer base and positive word-of-mouth recommendations.
7. Consistent trading history, with a net profit of $247,154 in 2014/15 and similar expected in 2015/16.
8. Exceptional operational systems in place, making it a well-run and efficient business.
9. Comfortable residence with private yard and courtyard, providing a desirable living situation for owners.
10. Located in Dubbo, the strongest regional motel town in NSW with a growing demand for accommodation due to the approval of a nearby mine.
11. Affordable rental and real estate market in Dubbo, providing potential for a good work/life balance for owners.
12. Close proximity to extensive medical, health, welfare, educational, recreational, cultural, and shopping facilities, making it an attractive location for both guests and owners.
13. Diverse range of industries in the local area, providing potential for business growth and stability.
14. Long 30 year lease, providing security and stability for owners.
15. Highly recommended for inspection, indicating a strong business opportunity.
