Enter Reference

Search




Login
Email

Password

Remember Me
Email Alerts
Listings that meet your criteria emailed to you as we get them.

20 Room Leasehold Motel netting 34%

Tamworth - New South Wales



This centrally located motel in the thriving city of Tamworth should sell fast. While already boasting a return of 35%, there is still plenty of potential to cut expenses. A long lease provides potential to improve the bottom line and on-sell the business. Or, you may just want a top income and great lifestyle!

- Netting $127k on a $357k turnover. Another $33k could be added on to the net profit if the new owners were to do the cleaning.
- Solar Heat pumps have recently been installed which will significantly lower heating costs
- Top position, only 2 minute drive to the CBD
- Well maintained and refurbished
- 20 motel units + a 2 bedroom FSC cottage
- 2 bedroom managers unit
- Breakfast meals only
- 15 year lease with an indication that another 5 years could be made available if required.

Contact Agent



Address
PO BOX 110
Vincentia
NSW 2540
Australia

Phone
Australia 1800 198 858
Int +61 4 0974 7020

Fax
Australia 02 8208 9832
Int +61 2 8208 9832

©2007 HP Brokers P/L Privacy Policy