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Tamworth NSW 2340

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, LEASEHOLD $1,085,000

1254ML - BLUE-CHIP CORPORATE LEASEHOLD, LIVE OFFSITE IN THE COUNTRY MUSICAL CAPITAL

    Tourism Brokers are excited to offer this 4.5 star quality commercial business, with a long-term history of high performance.

    - Fully refurbished 4.5 star motel no major investment required long term.

    - A secure 33 year lease term.

    - Prime location on the junction of two major arterials into the town center.

    - Major regional hub with repeat annual event calendar securing your commercial investment indefinitely.

    - Solid 'normal' trading history with turnover in the high $800,000's.

    - Current net profit trajectory indicates net operating profit of $350,000 plus, thus providing opportunity to operate under a management structure with a healthy passive return on investment.

    - Upside remains post a recent full restaurant and kitchen refurbishment, completed with state-of-the-art furnishings and equipment. Current operator consciously minimized output to circa 10% of income.

    - Current operators reside offsite, thereby creating a sustainable work / life separation. Onsite living solution is available if required.

    - Successful new corporate brand affiliation with Choice Hotels providing provision and access to the Global Distribution System (GTS), gaining genuine recent traction.

    In a financial market highlighting the accommodation sector as a fantastic return on investment value.

    The vendors have priced the business to sell, not to set a comparison sale record by chance. Your ability to operate yourself or place efficient managers or family members for a passive or active business provides options, whilst you benefit from existing performance, the accommodation sector boom and large region area security.

    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.

    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.

    Net Profit: $327,000 expected for 2020/21

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

    Property ID: 1254ML (quote when enquiring)

    Property Code: 3810

    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2017053382
    Floor Area1 m²
    Land Area3,349 m²
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    Annual ReturnAsk Agent
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    Last updated  8 Jun 2021
    Map for Tamworth NSW 2340
    Map for Tamworth NSW 2340Tamworth NSW 2340
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Property Highlights

    Property ID2017053382
    Floor Area1 m²
    Land Area3,349 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  8 Jun 2021
    Tourism Brokers
    170 Scarborough St Southport QLD 4215
    James Carrick
    Tourism Brokers
    James Carrick
    Tourism Brokers

    Ask James Carrick about this property

    James Carrick

    James Carrick

    Tourism Brokers

    0498 *** ***
    0498 965 005

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