Holbrook, New South Wales
670MF - Motel and Restaurant 3 Star
SOLD
Business Description
The Byer Fountain Motor Inn is located on the northern end of the township of Holbrook. Two years after the by-pass opened Holbrook is showing that it is a stopover or destination once again.
The property is on an extra-large block with plenty of room for guests with trailers and boats and also able to accommodate the largest coaches for touring groups. The rooms are in good condition, as regular upgrades have taken place.
- 36 Rooms, largest in Holbrook area
- First motel off highway for southbound travellers
- Licensed restaurant
- Ideal motel for coach operators. Able to accommodate the largest coaches
- Foxtel in all rooms
- Up to date website with strong and growing online booking presence
- Excellent online review ratings with current Trip Advisor certificate of excellence
- AAA 3 Star rated
- Motivated vendor.
Well worth taking a look at.
Net profit $173,121 for 2014/15
Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.
Property ID: 670MF (quote when enquiring)
Location: Holbrook NSW
The 'simply greater' rural town of Holbrook is situated between Melbourne and Sydney on the Hume Highway. Holbrook is the largest town in Greater Hume Shire and is primarily a service centre for the surrounding region and visiting highway traffic.
Holbrook is the centre of a richly diverse rural economy and produces wool, wheat and other grains, lucerne, fat cattle and sheep. The Holbrook district has some of the best grazing land in the state, with numerous cattle studs and primary producers reputedly being leaders in their field.
Other farming operations include the production of fine wool and meat from both sheep and goats, cropping, pasture seed production, tree nurseries, timber plantations and grape growing.
Events: The National Beeffest Festival is held in May, the Agricultural Show in November and the Ultra Fly-In at Eastertime.
Property Code: 1770
Business Summary
Key Investment Insights
1. Prime location on the northern end of the township of Holbrook, making it a popular stopover or destination for travellers.
2. Extra-large block with ample space for guests with trailers, boats, and large coaches.
3. 36 well-maintained rooms, the largest in the Holbrook area.
4. First motel off the highway for southbound travellers, providing convenience and easy access.
5. Licensed restaurant on-site, offering convenience and additional revenue stream.
6. Ideal for coach operators, with the ability to accommodate the largest coaches.
7. All rooms equipped with Foxtel, providing added amenities for guests.
8. Strong and growing online presence, with an up-to-date website and excellent online review ratings.
9. AAA 3 Star rated, ensuring a high level of quality and service for guests.
10. Motivated vendor, making this an attractive opportunity for potential buyers.
11. Net profit of $173,121 for 2014/15, indicating a profitable business.
12. Located in the 'simply greater' rural town of Holbrook, a service centre for the surrounding region and visiting highway traffic.
13. Diverse rural economy in the area, with a variety of agricultural operations including wool, wheat, cattle, sheep, and more.
14. Hosts popular events such as the National Beeffest Festival, Agricultural Show, and Ultra Fly-In, providing potential for increased business during these times.
15. Property Code: 1770, making it easy for interested buyers to inquire about the property.
