Merimbula, New South Wales

STUNNING SOUTH COAST NSW LEASEHOLD MOTEL. LONG LEASE.

SOLD

Business Description

Are you ready to back yourself?
How much you would you expect to pay for a business showing $175,000 profit and offering that for 21 more years?

With around 60% occupancy there is room for the right people to introduce some new systems, explore new markets and see the occupancy grow. How much would your profits grow if you increased your occupancy by 10%. Most of the expenses are already covered. So a lot of the increase will remain profit.

Easily managed by a couple this 20 room motel will suit you for years to come. # bedroom managers residence and a commercial laundry onsite.

Come on back yourself.

Business Summary

Marketing Agent

Neil Bourke

A B Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Profitable business with $175,000 profit and a long lease of 21 years.
2. Opportunity to increase occupancy and profits by implementing new systems and exploring new markets.
3. Majority of expenses are already covered, allowing for increased profits with occupancy growth.
4. Easily managed by a couple.
5. Includes a 2 bedroom manager's residence and commercial laundry on site.
6. Located in a stunning South Coast NSW location.
7. Potential for long-term success and stability.
8. Ideal for individuals or couples looking for a profitable and manageable business opportunity.
9. Opportunity to back yourself and take on a successful business.
10. Potential for growth and expansion in the future.