Narrandera, New South Wales
STRONG TRADER, SOLID PROFITS, NEWELLL AND STURT HIGHWAYS - 985MF
FREEHOLD $4,600,000
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 busy highways.
2. Large property with 40 rooms and potential for expansion.
3. Spacious restaurant and conference area.
4. Upgraded commercial kitchen and bar area.
5. Outdoor amenities such as saltwater pool and barbeque.
6. Ample off-street parking and additional rear parking.
7. Comfortable three-bedroom residence for owner/manager.
8. Growing trade trend under current management.
9. Strong turnover and excellent profits.
10. Diverse customer base including corporates, workers, groups, and walk-ins.
11. Recent room upgrades improving occupancy.
12. Excellent presentation and location.
13. Located in a stable motel town.
14. All casual staff, potential for management structure.
15. Projected net profit of $570,000 - $590,000 for 2024/25.
