Forbes, New South Wales

524ML - 29 UNITS READY TO DRIVE SALES

SOLD

Business Description

- Moteliers need rooms to drive revenue, we have this here!

- Repainted in 2019

- Great opportunity to turn revenue around.

- Genuine bed and breakfast Motel.

- Excellent location, centre of town, just off the Newell Highway.

- Walk to local restaurants and pubs.

- Spacious two-bedroom residence.

- Located in a strong central west town.

- Sporting town, regular events to drive revenue.

- Price reduced to sell.

- Contact us now for further details!

Net profit $128,558 for 2018/19

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

Property ID: 524ML (quote when enquiring)

Location: The township of Forbes, situated on the Newell Highway and on the banks of the Lachlan River in the heart of the rich Lachlan Valley, is fast becoming popular with those seeking a 'tree-change'; drawn to the region by economic benefit and lifestyle opportunities.

Services: Forbes' unique culture is a fusion of heritage past and modern lifestyle, with art and craft, art galleries, boutique shopping, concerts, distinctive local dining options, historical hotels and museums, a diversity of special interest groups, great schools, affordable real estate, plus an exciting local events calendar featuring annual festivals dedicated to jazz, camel racing, picnic racing, the bushranger Ben Hall, heritage conservation and more.

Forbes' historic town centre is home to a unique mix of boutique stores plus familiar brands and a department store. Youâ ll also find all the major services including health, finance, hardware and automotive just to name a few. Forbes is gaining a reputation as a boutique shopping capital and with a distinctive range of quality locally owned stores it is easy to see why. Be tempted by a unique mix of locally owned boutiques plus familiar brands, department store shopping and all the major services.

Property Code: 1030

Business Summary

Marketing Agent

David Head

0438 66....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. The motel was recently repainted in 2019.
2. There is potential for the new owner to turn around revenue.
3. The motel operates as a genuine bed and breakfast.
4. It is located in a prime location in the center of town, just off the Newell Highway.
5. Guests can easily walk to local restaurants and pubs.
6. The property includes a spacious two-bedroom residence.
7. The motel is situated in a strong central west town.
8. The town regularly hosts sporting events, which can drive revenue for the motel.
9. The price has been reduced in order to sell quickly.
10. Interested buyers should contact David Head from Tourism Brokers for further information or to arrange an inspection.
11. The net profit for 2018/19 was $128,558.
12. The property is located in the township of Forbes, which is becoming popular for those seeking a "tree-change."
13. Forbes offers a unique mix of heritage and modern lifestyle, with various cultural activities and events.
14. The town has a diverse range of services, including art galleries, boutique shopping, and great schools.
15. Forbes is gaining a reputation as a boutique shopping capital with a mix of locally owned stores and familiar brands.