New South Wales

Buy Of The Year, Absolute Money Maker - 1634MF

UNDER CONTRACT

Business Description

FREEHOLD MOTEL

- Buy of the year Freehold with huge upside in booming area.

- 100% leased with contract in place with strong trade history and strong future. All 47 rooms are permanently booked (current room rates, well below market).

- Major accommodation provider in the strong rural and mining area. Supported by a stable economy centred on agriculture (wool, wheat, cattle), mining, and a large-scale solar farm (a joint AGL and Federal and State Government venture approximately 10km west) with a lot of growth ahead.

- Walk to RSL Club across the road or to the local hotel approximately 50 metres up the road for meals.

- Prime highway location, significant room capacity, and strong cash-flow backed by expanding local mining and agricultural sectors are all strong benefits.

- 4,040 sqm land area

- 47 guestrooms currently + 1 storage rooms (able to convert back to a letting room) + 1 significant manager’s residence + spare restaurant (can be reopened or converted to 4 letting rooms) and commercial kitchen. Current configuration is 29 front rooms include:11 Standard Queen, 17 Twins, 1 Family Room. 18 back rooms: 17 Doubles, 1 Standard Queen.

- Main newer building constructed from brick with concrete tile roofing.

- Current owners have operated for approximately 9 years.

- Restaurant not currently in operation. Fully licensed with a separate bar, lounge and seating for 120 people. It is supported by a full commercial kitchen. There is also a separate conference area. (could be reopened or converted to 4 letting rooms subject to Council Paaroval).

- Landscaped gardens and lawns, saltwater swimming pool, barbeque facilities and covered outdoor entertaining area.

Adjusted Net Profit: Available upon request, Confidentiality conditions apply.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1634MF (quote when enquiring)

Property Code: 5461

Business Summary

Marketing Agent

Michael Philpott

0433 13....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel on 4,040 square metres with 47 guestrooms permanently booked under an existing contract.
2. Strong trading history and cash flow, with current room rates described as well below market.
3. Major accommodation provider serving a rural and mining area supported by agriculture, mining and a large solar farm.
4. Prime highway location with an RSL Club across the road and a local hotel approximately 50 metres away.
5. Potential to restore one storage room to accommodation and convert the unused restaurant into four guestrooms, subject to Council approval.
6. Fully licensed restaurant facilities include a separate bar, lounge, seating for 120 people and a full commercial kitchen.
7. Separate conference area provides additional facilities beyond guest accommodation.
8. Significant manager’s residence included, with the main newer building featuring brick construction and concrete tile roofing.
9. Landscaped gardens, a saltwater swimming pool, barbeque facilities and covered outdoor entertaining enhance guest amenities.
10. Current owners have operated the business for approximately nine years.