New 30yr Lease - Lismoreâs Most Profitable Motel
LISMORE, NSW, NSW
Description
Price Reduced New 30yr Lease - Lismoreâs Most Profitable Motel The freehold passive investment of Lismores most popular motel offering all ground level guest rooms and suites in a tropical setting. This is an easily run business with revolutionary leading edge fool-proof systems in place for operation by a couple or under management. No.1 Motel in Lismore on Trip Advisor and Google with 70% occupancy year-in-year-out Presently operated under experienced managers who will stay on, if required Excellent business incl. fantastic industry support driven by proven back-up systems & facilities Perfect quite location on fringe CBD – excellent presentation, totally refurbished 2012/13 21 Rooms incl. Queen studio; Superior; Family; Spa and 2 bed Suites 3.5 star AAA with absolutely nothing to spend Salt water pool, BBQ, free WI Fi, Austar, free guest laundry plus bus / trailer parking 2 bed managers unit overlooking tropical gardens
Financials
- Asking price
- $795,000
- Net profit
- $235,862
- Revenue
- —
- Profit multiple
- 3.37x
- Revenue multiple
- —
Agent
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