Dubbo, New South Wales
471ML - Great Leasehold Motel in Regional City!
SOLD
Business Description
- Don't Miss This!
- 20 x 4 Star ground floor units
- Exceptionally maintained and presented
- Strong, consistent repeat trade
- Consistent Turnover in the high $500k's
- Attractive Lease Terms
- 3 bedroom Residence
- Easily operated
- Be quick - it's a beauty!
The Green Gables Moteloffers an excellent Leasehold opportunity. It is located in the prosperous regional city of Dubbo and has a very strong and consistent trade, in the high $500k's.
The Motel has 20 ground floor 4 star units and has a long 24 years left on the lease with an attractive rent ratio. It's essentially a bed and breakfast motel, in close proximity to restaurants and eateries.
It's a very appealing opportunity and a must to inspect!
Net Profit $259,585 for 2017/18
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 471ML (quote when enquiring)
Location: Dubbo - 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.
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: 3020
Business Summary
Key Investment Insights
1. The Green Gables Motel is a well-maintained and presented 4-star motel with 20 ground floor units.
2. The motel has a strong and consistent trade, with a turnover in the high $500k's.
3. The lease has 24 years remaining and offers attractive terms.
4. The motel has a 3 bedroom residence for the owner or manager.
5. The business is easily operated and would be a great opportunity for a new owner.
6. The location of the motel in the regional city of Dubbo offers a thriving business environment and a population of over 120,000 people.
7. Dubbo is a hub for transportation, with major road and rail routes and an airport.
8. The city offers a range of amenities, including medical, educational, recreational, and cultural facilities.
9. The rental and real estate market in Dubbo is affordable.
10. The city has a diverse range of industries, providing a stable economy for businesses.
