Tamworth, New South Wales
1265ML - WORK FROM HOME WITHIN A PRIME LEASEHOLD BUSINESS IN TAMWORTH
SOLD
Business Description
- Well located corner block on main road entry into town.
- 21 well-appointed queens (8), twins (9) and family (4) motel suites. 41 – 63 m2.
- Positioned for a husband, wife, and family operation.
- Fantastic residence with open plan living, dining, three-bedrooms and main bathroom.
- Large commercial kitchen and preparation area for breakfasts and evening meals if desired.
- Close to pubs, clubs, restaurants, and major shopping centre.
- "Normal" trading periods from 2016/17 through to 2018/19 the property achieved an average of $570k (high of $600k plus) turnover, with $210k plus net operating profit.
- Primes to take advantage of the regional accommodation upsurge with borders opening.
- Tamworth presents as an optimal motel centre, don't miss this offering.
A two-fold opportunity to begin or continue a career in the accommodation sector. One predicted for unprecedented growth domestically.
Notwithstanding, the owners have priced the property to sell due to personal circumstance, there-by creating a chance of a seamless transition for an astute purchaser, in an operationally well-constructed property, strategically located to capture road traffic.
Turnover: $406,277 for 2020-21
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1265ML (quote when enquiring)
Property Code: 3833
Business Summary
Key Investment Insights
1. Prime location on main road entry into town, providing high visibility and easy access for guests.
2. Well-appointed and spacious motel suites, catering to a variety of guest needs.
3. Ideal for a husband, wife, and family operation, providing a potential work-life balance.
4. Spacious and comfortable residence with open plan living, dining, and three bedrooms.
5. Large commercial kitchen and preparation area, offering potential for additional revenue through meal services.
6. Close proximity to local amenities such as pubs, clubs, restaurants, and shopping centers.
7. Consistent and strong financial performance, with an average turnover of $570k and net operating profit of $210k.
8. Positioned to take advantage of the predicted growth in regional accommodation with borders opening.
9. Tamworth is a highly sought-after motel destination, making this a valuable investment opportunity.
10. Priced to sell due to personal circumstances, offering a seamless transition for a new owner.
11. Well-constructed and strategically located property, capturing road traffic and providing a steady stream of guests.
12. Turnover of $406,277 for 2020-21, indicating a strong and consistent business performance.
13. Opportunity for an astute purchaser to enter or continue a career in the accommodation sector.
14. Potential for unprecedented growth in the domestic market, providing a promising future for the business.
15. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
