Narrandera, New South Wales

STRONG TRADER, SOLID PROFITS, NEWELL AND STURT HIGHWAYS - 985MF

SOLD

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

Marketing Agent
Graham Matthews
Graham Matthews

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime highway intersection location at Newell and Sturt Highways, situated in the middle of the main street, ensuring high visibility and drive-by trade.
2. Large scale asset with 40 rooms, supporting significant occupancy potential and revenue base.
3. Projected strong profitability, with vendor-provided net profit of $570,000 to $590,000 for 2024/25.
4. Expansive 80-seat restaurant area currently not in use, offering immediate opportunity to restore food and beverage revenue or repurpose as a conference/function space.
5. Established bar area and upgraded commercial kitchen, providing operational readiness for F&B service and events.
6. Onsite saltwater pool, outdoor areas and barbecue adjacent to the bar, enhancing guest amenity mix and appeal for groups and leisure guests.
7. Ample off-street parking including rear parking, supporting coach, group and corporate customers.
8. Onsite three-bedroom, three-bathroom residence off reception, valuable for owner-operator occupancy or manager housing.
9. Trade trend growing under current management, with many room upgrades completed by current ownership that have improved occupancy and presentation.
10. Diverse customer base and stable local market, catering to corporates, workers, groups, regulars and walk-ins, suitable for owner-operator or management-run model and currently staffed with casual employees, allowing transition to a formal management structure.
Listing location

This Business is sold

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