Tamworth, New South Wales
1258ML - Exceptional Regional City Leasehold Motel Opportunity!
SOLD
Business Description
- Excellent CBD Location in Regional City
- 38 units plus and minimal food & beverage
- Turnover approaching $1m with the bulk in accommodation
- Run under Management for a number of years
- The Freehold owner is selling off a new 30-year Lease
- Contact us now for further details.
Tamworth is a dynamic, 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. 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, as does the Australian Equine and Livestock Events Centre.
Net Profit: $300,000 expected
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1258MF (quote when enquiring)
Property Code: 3478
Business Summary
Key Investment Insights
1. The business for sale is a leasehold motel located in a regional city with a strong economy.
2. The motel has 38 units and a minimal food and beverage component.
3. The annual turnover is close to $1 million, with the majority of revenue coming from accommodation.
4. The motel has been run under management for several years.
5. The freehold owner is selling off a new 30-year lease.
6. The city of Tamworth has a diverse economy, with industries such as manufacturing, healthcare, education, and tourism providing a solid economic base.
7. Retail is the largest employer in the city, followed by property and financial services, aviation, and construction.
8. Agriculture and the Australian Equine and Livestock Events Centre also contribute significantly to the city's economy.
9. The expected net profit for the motel is $300,000.
10. Interested buyers can contact David Head from Tourism Brokers for more information or to arrange an inspection.
11. The property ID for the motel is 1258MF.
12. The business is listed under property code 3478.
