Western NSW Freehold Motel Ideal for a Market Entry Investment - 2896MF
Lightning Ridge NSW, NSW
Description
- Located in extremely popular tourist region. - The town is in high demand for accommodation. - Clientele mainly contractor and trades profit. - Short and long term bookings. - Easily managed concern. - Future prospects in the area include government funded museum. - Owner has recently replaced the roofing - no maintenance required. This business certainly has potential to increase the bottom line net profit with hands on management. This is a great opportunity. Adjusted Net Profit: $146,549 for 2023/24 Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection. Property ID: 1896MF (quote when enquiring) Property Code: 5383
Financials
- Asking price
- $1,150,000
- Net profit
- $146,549
- Revenue
- —
- Profit multiple
- 7.85x
- Revenue multiple
- —
Agent
Tourism Brokers
