Glen Innes, New South Wales
568MF - Affordable New England Freehold
SOLD
Business Description
Well positioned with New England Highway frontage, this Freehold Motel may be just what you've been looking for!
It offers 15 well maintained and presented ground floor units and is set on a large 6,000sqm block (approximately).
It boasts a well-established trade and has an underutilised Dining Room which for the right operator would provide plenty of upside.
The current owners are re-locating due to family work commitments. The opportunity is yours!
Net profit $180,000 plus expected
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 568MF (quote when enquiring)
Property Code: 1484
Business Summary
Key Investment Insights
1. Freehold Motel with New England Highway frontage
2. 15 well-maintained and presented ground floor units
3. Set on a large 6,000sqm block
4. Well-established trade with potential for growth
5. Underutilised Dining Room with potential for increased revenue
6. Current owners re-locating due to family work commitments
7. Net profit of $180,000 expected
8. Opportunity for new owner to take over and grow the business
9. Contact David Head from Tourism Brokers for further information or to arrange an inspection
10. Property ID: 568MF
11. Property Code: 1484