South Grafton, New South Wales

QUALITY LEASEHOLD MOTEL - SHORT LEASE

SOLD

Business Description

On offer by EOI is a beautifully presented motel, featuring 20 good sized, high standard rooms plus a fully refurbished 30-seat restaurant and licensed bar (currently not operating or included in the figures). Large 3-bedroom managers residence.

Grafton is seeing excellent growth and is a strong motel town. Home to many annual sporting events and the famous springtime Jacaranda festival Grafton attracts many visitors wanting to explore all the region has to offer.

Selling with 9 years remaining on the lease. Don’t miss this opportunity, call now to book an inspection.

EOI closes 12noon Friday 27 October 2023

- Short lease sale

- Quality property

- Strong repeat business

- Strong regional town

- Good potential upside for owner operator

- Net Profit $203,000

This is a quality motel for someone looking to make good profits at a low buy in price.

Property Code: 1192

Business Summary

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. The motel is located in Grafton, a strong motel town with excellent growth potential.
2. The property features 20 high standard rooms, a fully refurbished 30-seat restaurant and licensed bar (currently not operating or included in the figures), and a large 3-bedroom manager's residence.
3. Grafton is home to many annual sporting events and the famous springtime Jacaranda festival, attracting many visitors to the region.
4. The sale includes 9 years remaining on the lease.
5. The property has a strong repeat business and potential for further growth under an owner-operator.
6. The net profit for the motel is $203,000.
7. This is a quality motel with a low buy-in price, making it a profitable opportunity for a potential buyer.