Tamworth, New South Wales

1266MF - Owner/Operator Freehold Motel - Be Your Own Boss!

SOLD

Business Description

This Freehold Motel located in the growing Regional City of Tamworth is an ideal opportunity for the operating couple!
It features 9 ground floor, well maintained units, with kitchenettes in all of them - meaning no cooking for the owners!
Tamworth is a major Regional City and offers huge drawcard events such as the Country Music Festival and boasts the world ranked Equine Centre which attracts huge numbers to the City. Tamworth was just recently listed as one of the Real Estate Hot Spots in Regional Australia.
The Motel has a consistent trade in the high $100k's and offers a net income averaged over the last 3 years of approaching $3,000 per week.
It's an easily managed and operated Motel and may be just the one you are after.
The owners have already purchased their retirement home so the opportunity is yours!
Contact us now for further details!

Net profit $143,071 average for 2013-15

Contact David Head from Tourism Brokers for more information or to arrange an inspection.

Property Id: 1266MF (quote when inquiring)

Location: Tamworth NSW

Tamworth is a dynamic, modern and progressive city and a major regional service centre with an easy going lifestyle and a strong economy. Manufacturing, health and community services, education, logistics, wholesale trades, food processing and tourism and hospitality provide a solid economic base for the city. Retail is the biggest employer, and there's a strong base in property and financial service sectors, aviation and construction. Agriculture generates significant economic activity, and so does the Australian Equine and Livestock Events Centre, opened in 2008.

Tamworth is a vibrant, easy going place, a top Evocity where the lifestyle means work isn't such a hard stretch and there's plenty of time after work to play sport, play with the kids or just take it easy. Salary rates in regional cities like Tamworth are comparable to Sydney salaries, if not better for many career sectors - but the biggest bonus is in the work/life balance. You get to enjoy it more as a result of lower housing costs, less time travelling to and from work and improved cost of living. There are a lot of reasons why the Tamworth region is attracting people and businesses. People are attracted to the lifestyle, the healthy environment, a vibrant retail sector, excellent sporting facilities and many employment opportunities.

Property Code: 306

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

1. Freehold Motel located in growing Regional City of Tamworth.
2. 9 well-maintained ground floor units with kitchenettes.
3. Tamworth is a major Regional City with popular events and attractions.
4. Consistent trade in the high $100k's.
5. Net income averaged over the last 3 years is approaching $3,000 per week.
6. Easily managed and operated Motel.
7. Owners have already purchased their retirement home.
8. Net profit of $143,071 average for 2013-15.
9. Location: Tamworth, NSW.
10. Tamworth is a dynamic, modern and progressive city with a strong economy.
11. Retail, manufacturing, health and community services, education, and tourism are major industries in Tamworth.
12. Tamworth offers a vibrant and easy-going lifestyle with a good work/life balance.
13. Salary rates in regional cities are comparable to Sydney.
14. Attractive lifestyle, healthy environment, and employment opportunities are attracting people and businesses to the Tamworth region.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Coastal LH gem in sought-after Northern Rivers | Resort Brokers ID : LH008382
ResortBrokers
Coastal LH gem in sought-after Northern...

OCEAN SHORES

Under Contract / Offer

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

GREENHEAD CARAVAN PARK
High Net $144,737 Few Hours Simple Work - ID 8997
West End & Highgate Hill Business Only's - First in Best Dressed in 4101
Popular Tourist Town, Fully Renovated Freehold Hotel, Large Guest House  - 127HL
Fully Renovated Freehold Hotel with Large Guest House in Popular Tourist Town - 127HF
Only Supervisory Role, Salary High 400 K with Huge Income Upsize Potential - ID 8532
CAPTIVATING CAIRNS - TOP CHOICE SHORT-STAY MANAGEMENT RIGHTS WITH NET $462K+ | Resort Brokers ID : MR008459
Syndicate Investment Opportunity – Starting ROE 25% Targeting 35%
Very Affordable Management Rights Business plus Managers Apartment in fabulous Airlie Beach
ESTABLISHED BUSINESS ONLY COMPLEX IN 'THE GABBA' WITH SHORT-TERM LETTING OPTION! | Resort Brokers ID : MRB008446
HUGE 19% ROI - Substantial price reduction - Incredible investment - Blue chip location
Excellent 15% ROI, vibrant lifestyle, prime location, unlimited potential
Multiple Income Stream Freehold Going Concern in the Granite Belt | Resort Brokers ID : FH008398
Rare 5 Star Hotel | Offering Villa Howden Hotel
Gilligan’s Resort
Location! Simply! No Live-onsite Requirement!
Prime Investment: Busy motel on 1 acre near Yamba CBD | Resort Brokers ID : FH008458
BOUTIQUE SHORT-STAY MR IN PRIME SOUTH BRISBANE LOCATION | Resort Brokers ID : MRB008454