Lightning Ridge, New South Wales
Western NSW Freehold Motel Ideal for a Market Entry Investment - 2896MF
FREEHOLD $1,150,000
Business Description
- Located in extremely popular tourist region.
- The town is in high demand for accommodation.
- Clientele mainly contractor and trades profit.
- Short and long term bookings.
- Easily managed concern.
- Future prospects in the area include government funded museum.
- Owner has recently replaced the roofing - no maintenance required.
This business certainly has potential to increase the bottom line net profit with hands on management. This is a great opportunity.
Adjusted Net Profit: $146,549 for 2023/24
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1896MF (quote when enquiring)
Property Code: 5383
Business Summary
Key Investment Insights
1. Freehold motel ownership, providing land and building control as a tangible investment asset.
2. Located in an extremely popular tourist region, indicating strong seasonal demand and visitation.
3. Town described as high demand for accommodation, supporting occupancy and revenue stability.
4. Primary clientele of contractors and trades, implying steady corporate/long-stay demand tied to local projects.
5. Mix of short and long term bookings, offering diversified revenue streams and reduced reliance on one market segment.
6. Adjusted Net Profit of $146,549 for 2023/24, demonstrating current positive cashflow and baseline earnings.
7. Listed as an ideal market entry investment, suited to new or first-time motel operators.
8. Described as an easily managed concern, suggesting low operational complexity and suitability for owner-operators.
9. Recent roof replacement by the owner, meaning reduced near-term maintenance and capex requirements.
10. Local future prospects include a government funded museum, offering potential demand uplift and longer term growth in visitation.
