EXCELLENT LEASEHOLD MOTEL OFFERING A 35% ROI - BOOMING COASTAL REGION
SOLD
Business Description
We are excited to Exclusively offer for sale this excellent leasehold motel located in the picturesque NSW Northern Rivers town of Maclean. This beautifully presented motel, featuring 14 good sized rooms of various configuration. The residence is a good size free standing 3-bedroom home with the motel reception attached.
The site also has the bonus of a 5-6 RV sites and 2 amenities blocks located at the back of the motel that are currently not being utilised. With a little bit of work the new operator could get these up and running and cash in on the booming caravanning market (STCA).
This region is booming and the motel is showing strong growth with further upside with tariff increases. The rent to net profit ratio is excellent with an adjusted net profit of $242,000, offering the new owner a 35% ROI. This one ticks a lot of boxes.
Don’t miss this opportunity, call now to arrange an inspection.
1. Prime location in a picturesque and booming coastal region in the NSW Northern Rivers town of Maclean.
2. Well-maintained and beautifully presented motel with 14 good-sized rooms of various configurations.
3. Additional potential for revenue with 5-6 RV sites and 2 amenities blocks that can be utilized for the booming caravanning market (STCA).
4. Strong growth in the region and the motel is showing strong growth with further potential for tariff increases.
5. Excellent rent to net profit ratio with an adjusted net profit of $242,000, offering a 35% ROI for the new owner.
6. Free-standing 3-bedroom home attached to the motel reception, providing comfortable living quarters for the owner.
7. Opportunity for a lifestyle change in a popular and growing tourist destination.
8. Well-established and reputable business with a loyal customer base.
9. Close proximity to popular tourist attractions and amenities, providing a steady flow of guests.
10. Potential for growth and expansion with the addition of more rooms or amenities.
11. Motel is in excellent condition with recent renovations and upgrades.
12. Strong online presence and positive reviews, providing a competitive advantage.
13. Ideal for an owner-operator or a family looking to enter the hospitality industry.
14. Don't miss this opportunity to own a profitable and well-established motel in a highly sought-after location.
