Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location: The motel is situated just 3 minutes from the Lismore CBD and is adjacent to a lake and river, providing a peaceful and scenic setting for guests.
2. Large property: The motel sits on 5 acres of land, offering a spacious and tranquil country atmosphere for guests to enjoy.
3. Well-equipped rooms: The motel offers large, quiet and well-equipped rooms, providing a comfortable and convenient stay for guests.
4. Lucrative industry: The motel industry is known for its profitability, making this an attractive opportunity for first-time operators to enter.
5. Management: The business is currently run under management, providing a smooth transition for new owners to take over.
6. Net profit: The net profit for 2015 was $150,000, indicating a successful and profitable business.
7. Leasehold interest: The sale is for the leasehold interest of the motel, providing an affordable option for potential buyers.
8. Ideal for first-time operators: With the business currently under management, this is an ideal opportunity for first-time operators to enter the industry and learn the ropes.
9. Potential for growth: With a prime location and spacious property, there is potential for growth and expansion of the business.
10. Country atmosphere: The motel's location and setting offers a peaceful and relaxing country atmosphere, making it a desirable destination for guests.
