Parkes, New South Wales

2358ML - EXCEPTIONAL LEASEHOLD MOTEL! EVERYTHING STACKS UP!

SOLD

Business Description

- This Leasehold is one of the best available!

- Turnover Trending to an excess of $1m for 2020/21

- Strong Repeat Trade and Direct Bookings

- A new 30 year lease.

- Centre town location.

- Opened in December 2013.

- 19 as new 4.5 star units.

- Three bedroom residence.

- Vendor Finance available to approved buyer.

- Contact us now for further details!

Parkes is located on the Newell Highway, 365 km west of Sydney, on the western edge of the Great Dividing Range, in central west NSW. The town is a thriving commercial centre servicing a primary and secondary catchment of around 56,000 people. Parkes is best known as the home of "The Dish", the CSIRO Radio Telescope made famous by the film of the same name and has over 100,000 tourists visit each year.

Net Profit: $277,287 for 2018/19 - Expect much stronger for 2020/21

Contact Graham Matthews from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2358ML (quote when enquiring)

Property Code: 3271

Business Summary

Marketing Agent

Graham Matthews

0421 90....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Strong financial performance with a turnover trending towards $1 million for 2020/21.
2. Established and loyal customer base with strong repeat trade and direct bookings.
3. Opportunity for a new 30-year lease, providing long-term stability and potential for growth.
4. Prime location in the centre of town, providing easy access for guests and potential for high visibility.
5. Modern and well-maintained property, with 19 4.5 star units and a three bedroom residence.
6. Vendor finance available to approved buyers, providing potential for easier financing options.
7. Located in a thriving commercial centre with a large catchment of around 56,000 people.
8. Popular tourist destination with over 100,000 visitors annually due to the famous "The Dish" radio telescope.
9. Strong net profit of $277,287 for 2018/19, with expectations for even stronger performance in 2020/21.
10. Opportunity for further growth and development in the future.