This centrally located motel in the thriving city of Tamworth should sell fast. While already boasting a turnover of approx $350,000, there is still plenty of potential both improve the top line and to cut expenses. The 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 (2009). 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
- 20 year lease
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