Easily one of the best country motel listings we have seen. Forbes is a very popular “stopover” and tourist town on the Newell Highway in its own right, offering all modern services. Motel offers 3.5 star rating, 16 well maintained units, full size proprietor’s residence, in ground swimming pool, separate booking room, and leafy grounds all across from parkland and an easy walk to town alongside the lake. In short, an excellent inspection.
No restaurant, high return rates and consistent positive reviews make this a great business opportunity with a quality lifestyle for the operators. Approx 21 years lease
- Asking Price:
- $330,000 (AUD)
- Sales Revenue:
- $370,000 (AUD)
- Cash Flow:
- $100K - $250K (AUD)
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$94,800 (AUD) per annum
- Living Accommodation:
-
3BR residence for operator, 16 units for guests
- Location:
-
Just off Newell highway in picturesque park and lakeside location
- Premises Details:
-
Full size residence plus 16 guest rooms
Business Operation
- Expansion Potential:
-
Significant for couple
- Competition / Market:
-
Various but this one is busy
- Years established:
- 1980s
Other Information
- Support & training:
-
Provided
