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. Large 40-room motel with projected net profit of $570,000–$590,000 for 2024/25, indicating strong financial performance.
2. Prime location at the intersection of the busy Newell and Sturt Highways, positioned in the middle of the main street for high visibility and drive-by trade.
3. Expansive 80-seat restaurant currently not in use, offering conversion to a conference/events space to diversify revenue.
4. Established bar area and upgraded commercial kitchen, supporting food and beverage income and group bookings.
5. Saltwater pool with outdoor and barbecue areas adjacent to the bar, enhancing guest amenity offering and group appeal.
6. Plenty of off-street parking with additional rear parking, advantageous for coach groups, tradespeople and corporate clients.
7. Comfortable three-bedroom, three-bathroom onsite residence off reception, facilitating owner-operator living or manager accommodation.
8. Trade trending upwards under current management with many room upgrades already completed, showing recent investment driving occupancy improvements.
9. Broad customer mix including corporates, workers, groups, regulars and walk-ins, reducing reliance on a single market segment.
10. All-casual staff structure, making the business well suited to transition to a formal management structure or owner-operator model.
