Sold

NSW NORTH COAST - 25 ROOM LEASEHOLD MOTEL

EXCLUSIVE AGENTS

On offer is this excellent motel in the very strong NSW North Coast town of Grafton. Featuring 25 rooms of various configuration plus a 70-seat restaurant and licensed bar. As a bonus to the existing business the current owners choose to reside in a 5-bedroom apartment which can be split into a 3br and 2br self-contained apartments and let out to generate additional profits. There is a 2-bedroom mangers unit attached to reception.

  • Selling at a 37% Return On Investment
  • Excellent rent to net profit ratio
  • Large motel 25 room with a potential BONUS of 2 self contained units to add to profits
  • Excellent location for a pet freindly motel

Grafton is seeing excellent growth and is a strong motel town.  Home to many annual sporting events and the famous springtime Jacaranda festival, Grafton attracts many visitors wanting to explore all the region has to offer.

After 17 years operating the business, the vendors have decided to retire and have priced the business to sell.

Don’t miss this opportunity, call now to book an inspection.

Loctaion

The Motel is in the thriving NSW North Coast town of Grafton. The motel is well located on the main road into Grafton from the northern exit of the Pacific Hwy. Only 3 ½ hours to Brisbane and 6 ½ hours to Sydney and at the end of the Gwydir Hwy from the west. Grafton is a regular stopping point for Business travellers and those holidaying along the NSW and QLD coasts.

Suburb Grafton
Price SOLD
Property Type Business
Property ID 165
Category Accommodation/Tourism

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Scott Saunders

0432 144 822
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Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

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Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

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With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

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Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

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We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

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David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

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