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Motel business for sale in Tamworth

  • Motel
  • Tamworth NSW 2340
  • LEASEHOLD $375,000

1265ml - Work From Home Within A Prime Leasehold Business In Tamworth

- 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 (high of $240k plus).

- The past 6 months of trading certainly returning to normal trade.

- Energy uplift grant application was approved enabling $20,000 for new curtains, sheers, tracks, and pelmets.

- Refresh and Renew grant pending approval to be used to replace all complete beds (bases and mattress) throughout.

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: $463,864 for 2020-21

Contact James Carrick from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1265ML (quote when enquiring)

Property Code: 3833

James Carrick
Tourism Brokers
James Carrick
Tourism Brokers

Business Highlights

Business ID2017098115
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Last updated  28 Jun 2021
Map for Tamworth NSW 2340
Map for Tamworth NSW 2340Tamworth NSW 2340
James Carrick
Tourism Brokers
James Carrick
Tourism Brokers

Business Highlights

Business ID2017098115
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  28 Jun 2021
Tourism Brokers
170 Scarborough St Southport QLD 4215
James Carrick
Tourism Brokers
James Carrick
Tourism Brokers
James Carrick

James Carrick

Tourism Brokers

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0498 965 005
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