Rare leasehold opportunity in tightly held motel town
BEGA, NSW, NSW
Description
Rare leasehold opportunity in tightly held motel town Renovations are almost complete on this 37-room motel in the heart of Bega. Don’t miss the opportunity to purchase the new 30 year lease and reap the rewards. Bega Motel is now awaiting a new leasehold owner to move in and grow the business. Motels of this calibre on the NSW South Coast are tightly held and in high demand. Arrange an inspection to discover this full renovated property for yourself. Fully renovated - all the hard work is done Room to grow the business New 30 year lease Enjoys a good mix of rooms & clientele Fantastic location in a strong regional town Rare offering in tightly held motel town Property inspections are by appointment only
Financials
- Asking price
- $775,000
- Net profit
- $226,566
- Revenue
- —
- Profit multiple
- 3.42x
- Revenue multiple
- —
Agent
Russell Rogers
