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$350,000.00

Craig McMahon | 6651 7999

Northern rivers motel lease for sale

Strong motel town, great location, roi 39%

Features

  • Property ID
    M353

Description

This is a good size, well priced leasehold motel business. This business offers an excellent opportunity for a new owner with ROI of 39%.
The motel features 26 rooms of various configurations and a licensed restaurant which is currently not operating. There is an opportunity to re-open the restaurant, utilise as a breakfast room, open it up as a conference room or keep it closed, the choice is yours.

* 18 year remaining on Lease
* 26 Units 18 ground floor units and 8 first storey units.
* Three Bedroom Residence
* Linen Hired and laundered off site.
* ROI 39%

Great returns, good location, strong motel town don't miss this little ripper.

Appreciate what is genuinely on offer so don't delay, contact Broadwalk Business Brokers today.

Disclaimer: We advise prospective purchasers that we (Broadwalk Business Brokers) take no responsibility or liability whatsoever for the accuracy or authenticity of any content on this web page or information provided by vendors or their professional advisers and that you should make your own enquiries as to the accuracy of this information, including obtaining independent legal and/or accounting advice, images used may be stock images and not representative of the business for sale.

Agent

Craig McMahon Licensee / Principal

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