Narrabri, New South Wales
HIGH RETURNS IN BOOMING NARRABRI - 973ML
SOLD
Business Description
- Affordable and popular leasehold motel.
- 12 ground floor units (one with lock-up garage which is currently used as a storage shed).
- Pool, BBQ lawn area and highway frontage.
- Strong repeat clientele, high midweek occupancy.
- Turnover exceeding $300k with growth potential.
- No breakfast or minibar currently offered.
- Beautiful 3-bedroom residence with ensuite, lounge, dining, and spacious kitchen.
- Only the second time offered in 19 years.
- Easy to operate, ideal starter motel.
A rare Narrabri opportunity - tightly held, well-presented, and offering genuine upside. Contact us today for further details.
Adjusted Net Profit: $117,299 for 2024/25
Contact Tony Neale from Tourism Brokers for further information or to arrange an inspection.
Property ID: 973ML (quote when enquiring)
Property Code: 5299
Business Summary
Key Investment Insights
1. Leasehold motel described as affordable and popular, positioned as an easy-to-operate starter business.
2. 12 ground-floor units, providing single-level guest access and operational simplicity.
3. One unit includes a lock-up garage currently used as a storage shed, offering potential alternative use.
4. On-site pool and BBQ lawn area, enhancing guest amenity offering and appeal to leisure travellers.
5. Highway frontage, supporting strong visibility and drive-by patronage.
6. Strong repeat clientele with high midweek occupancy, indicating stable demand and reliable cashflow.
7. Annual turnover exceeding $300,000, with stated growth potential through service expansion or yield management.
8. Adjusted Net Profit of $117,299 for 2024/25, providing a clear profitability benchmark.
9. No breakfast or minibar currently offered, representing a straightforward revenue-enhancement opportunity.
10. Included three-bedroom residence with ensuite, lounge, dining and spacious kitchen, useful for owner-operator accommodation or rental income.
11. Only the second time offered in 19 years, signalling a tightly held, well-presented asset in booming Narrabri with perceived upside.
