Narrabri, New South Wales
SMALL, AFFORDABLE LEASEHOLD! OWNERS COMMITTED ELSEWHERE - 973ML
SOLD
Business Description
- This could be just the one for you.
- An affordable Leasehold Motel with good upside.
- Located in the Booming Motel Town Narrabri
- First time offered in 18 years.
- Lease extending to 20 year lease to June 2044.
- 11 ground floor units.
- Easy to operate with opportunity for growth.
- Current owners do no cooking.
- Offers a spacious 3 bedroom residence.
- Located in the very strong Motel town of Narrabri.
- It’s the ideal starter Motel if you are looking to get into the industry.
- Open to offers $360,000.
- Contact us now for further details.
Net Profit: $110,994 for 2022/23
Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.
Property ID: 973ML (quote when enquiring)
Property Code: 4688
Business Summary
Key Investment Insights
1. This business for sale is a small, affordable leasehold motel located in the booming motel town of Narrabri.
2. The current owners have operated the business for 18 years and are now looking to sell due to commitments elsewhere.
3. The lease extends to 20 years, with a lease end date of June 2044.
4. The motel features 11 ground floor units and offers a spacious 3 bedroom residence for the owners.
5. The business is easy to operate and has potential for growth, as the current owners do not offer any cooking services.
6. Narrabri is a strong motel town, making this an ideal starter motel for someone looking to enter the industry.
7. The asking price for the business is $360,000, and the owners are open to offers.
8. The projected net profit for 2022/23 is $110,994.
9. Interested parties can contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.
10. The property ID for this listing is 973ML.
