Key Investment Insights
Key insights for this business for sale listing include:
1. Strategic location on the main road into town, providing high visibility and accessibility for travellers.
2. Near-monopoly on local accommodation as one of only two motels in the area.
3. Range of facilities including a swimming pool, laundry, and ample car parking.
4. Unused commercial kitchen and restaurant present a significant opportunity for additional revenue.
5. 17 years remaining on the lease, providing long-term stability for the new owner.
6. Comprehensive refurbishment with all-new bedding, ensuring a high-quality experience for guests.
7. Exceptional investment opportunity with a 40% yield, offering a strong return on investment.
8. Exclusive market presence in Narromine, providing a competitive advantage over other accommodation options.
9. Anticipated trade boost due to upcoming rail upgrade, potentially increasing demand for accommodation in the area.
10. Prime location on Narromine's main thoroughfare, attracting both local and passing trade.
11. Inspections by appointment only, highlighting the desirability and demand for this property.
Overall, this business presents a rare opportunity to acquire a profitable and well-established motel with untapped revenue potential in a highly strategic location.
ROI Estimate: 40.24%