Narrandera, New South Wales
STRONG TRADER, SOLID PROFITS, NEWELL AND STURT HIGHWAYS - 985MF
UNDER OFFER
Business Description
Gateway Motor Inn is located at the intersection of the busy Newell and Sturt Highways, can’t go wrong!
- Large 40 room property located right in the middle of the main street.
- Expansive restaurant 80 seats (not in use) doubles as conference area.
- Excellent bar area and upgraded commercial kitchen.
- Saltwater pool with outdoor areas and barbeque off bar area.
- Plenty of off street parking with additional rear.
- Comfortable three-bedroom residence with three bathrooms off reception.
- Trade trend growing under current management.
- Strong turnover with excellent profits.
- Caters for Corporates, Workers, Groups, Regulars and walk-ins.
- Many room upgrades by current ownership improving occupancy.
- Excellent presentation with great location.
- Located in strong motel town, stable business.
- All casual staff, would be ideal for management structure.
The Gateway presents an excellent opportunity for the savvy buyer either as an owner operator or to run under management. Inspections by appointment only.
Net Profit: $570,000 - $590,000 projected for 2024/25 ( as provided by vendor)
Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.
Property ID: 985MF (quote when enquiring)
Property Code: 5171
Business Summary
Key Investment Insights
1. Prime location at the intersection of two major highways, ensuring high visibility and easy access for travelers.
2. Large 40-room property with a variety of room types to cater to different needs and budgets.
3. Expansive restaurant with 80 seats, which can also be used as a conference area.
4. Well-equipped bar and upgraded commercial kitchen, catering to both guests and locals.
5. Saltwater pool and outdoor areas with barbeque, providing additional amenities for guests.
6. Plenty of off-street parking, including additional space at the rear of the property.
7. Comfortable three-bedroom residence for owners or managers, with three bathrooms off reception.
8. Strong trade trend and growing occupancy under current management.
9. Strong turnover and excellent profits, making it a profitable investment opportunity.
10. Diverse customer base, catering to corporates, workers, groups, regulars, and walk-ins.
11. Recent room upgrades have improved occupancy rates and overall presentation.
12. Located in a strong motel town, providing a stable business environment.
13. All casual staff, making it an ideal opportunity for a management structure.
14. Potential for further growth and expansion under new ownership.
15. Inspections by appointment only, highlighting the demand and potential for this property.
