Holbrook, New South Wales
670ML - Return On Investment 42%
SOLD
Business Description
The Byer Fountain Motor Inn is located on the northern end of the township of Holbrook. Three years after the by-pass opened Holbrook is showing that it is a stopover 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 that it is easily run with well trained staff already in place
- 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, too good to miss.
Net profit $180,000 estimated for 2016/17 (Return on Investment 42%)
Net profit $127,900 for 2015/16
Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.
Property ID: 670ML (quote when enquiring)
Location: 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: 1959
Business Summary
Key Investment Insights
Key Insights:
1. The Byer Fountain Motor Inn is located in a prime location on the northern end of the township of Holbrook, making it a convenient stopover destination for travellers.
2. The property has 36 rooms, making it the largest motel in the Holbrook area.
3. The motel is the first one off the highway for southbound travellers, making it easily accessible.
4. The property has a licensed restaurant that is well-run and has trained staff in place, making it a convenient option for guests.
5. The motel is ideal for coach operators, as it can accommodate the largest coaches.
6. All rooms have Foxtel, adding to the convenience and comfort for guests.
7. The motel has an up-to-date website and a strong online booking presence, making it easy for guests to make reservations.
8. The property has excellent online review ratings and has been awarded the Trip Advisor Certificate of Excellence, indicating high levels of customer satisfaction.
9. The motel is AAA 3 star rated, ensuring quality and standards for guests.
10. The vendor is motivated to sell, making it a great opportunity for potential buyers.
11. The estimated net profit for 2016/17 is $180,000, which equates to a return on investment of 42%.
12. The property has a strong farming economy, with a diverse range of agricultural operations including wool, wheat, cattle, sheep, and grape growing.
13. The town of Holbrook hosts several events throughout the year, including the National Beeffest Festival, Agricultural Show, and Ultra Fly-In, which can attract additional guests to the motel.
14. The property is listed under the code 670ML and interested buyers can contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.
