Lightning Ridge, New South Wales
Due to Personal reasons the Owner has Reduced Price for Quick Sale - 2896MF
REDUCED FREEHOLD $990,000
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: $108,582 for 2024/25
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. Owner has reduced the price for a quick sale, indicating potential for a buyer to negotiate a favourable purchase.
2. Located in an extremely popular tourist region, supporting strong visitor demand for accommodation.
3. Town described as high demand for accommodation, implying low vacancy risk and steady bookings.
4. Clientele mainly contractors and trades, offering a stable, commercially driven revenue stream.
5. Mix of short and long term bookings, providing diversified income and occupancy flexibility.
6. Business described as easily managed, suitable for owner-operator or low-complexity management.
7. Recent roof replacement completed by the owner, meaning minimal immediate maintenance expenditure.
8. Adjusted Net Profit reported at $108,582 for 2024/25, providing a clear earnings benchmark.
9. Stated potential to increase bottom line net profit with hands-on management, signalling upside for active owners.
10. Future area development includes a government funded museum, suggesting potential for increased tourism and demand.
