Tamworth, New South Wales
1252ML - Affordable Leasehold Motel with Plenty of Upside!
SOLD
Business Description
- Strong and consistent Trading History.
- Major Regional City location.
- Plenty of opportunity for growth.
- Long Lease on offer.
- 27 ground floor units.
- Good mix of unit types.
- Owner's ill health requires a quick sale!.
- It's your opportunity to gain!Contact us now for further details! .
Net Profit $122,939 for 2014/15
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1252ML (quote when enquiring)
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: 1910
Business Summary
Key Investment Insights
1. Strong and consistent trading history.
2. Located in a major regional city.
3. Potential for growth and expansion.
4. Long lease available.
5. 27 ground floor units with a good mix of unit types.
6. Urgent sale due to owner's ill health.
7. Opportunity for the buyer to gain and improve the business.
8. Net profit of $122,939 for 2014/15.
9. Located in Tamworth, a dynamic and progressive city with a strong economy.
10. Easy-going lifestyle and work-life balance in the regional city.
11. Lower housing costs and improved cost of living compared to major cities.
12. Attractive to both individuals and businesses.
13. Vibrant retail sector and excellent sporting facilities in the region.