Sold

EXCELLENT LEASEHOLD MOTEL OFFERING A 35% ROI - BOOMING COASTAL REGION

We are excited to Exclusively offer for sale this excellent leasehold motel located in the picturesque NSW Northern Rivers town of Maclean. This beautifully presented motel, featuring 14 good sized rooms of various configuration. The residence is a good size free standing 3-bedroom home with the motel reception attached.

The site also has the bonus of a 5-6 RV sites and 2 amenities blocks located at the back of the motel that are currently not being utilised. With a little bit of work the new operator could get these up and running and cash in on the booming caravanning market (STCA).

This region is booming and the motel is showing strong growth with further upside with tariff increases. The rent to net profit ratio is excellent with an adjusted net profit of $242,000, offering the new owner a 35% ROI. This one ticks a lot of boxes.

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

 

Suburb Maclean
Price SOLD
Property Type Business
Property ID 527
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...

Crystal Yuan

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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