Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
Description: Large corporate Motor Inn in prime regional city location. Strong year round corporate trade. This property has veen refurbished and is presented at a very high standard.
Star Standard: 3.5 Star
Construction: Brick and tile with concrete slab foundation and brick wall partitions. Mix of single and double storey building. Large spacious units. Units have been refurbished. Paintwork is new. Immaculate throughout. Top quality corporate Motor Inn. Chain affiliated.
Residence: Very large 3 bedroom with built-ins. Own kitchen, spacious lounge dining, 2 bathrooms, private yard at rear and undercover carport. Ideal for family. Size of a normal house.
Age: 35 years approx.
Clientele: Corporate, worker trade, weekend sports and weddings etc, tourists and passing trade.
Land Area: 6,000sqm plus approx.
Tariffs: Single $115 - $145; Double $125 - $160; Family (4) $145 - $180; Extra Person $15 - $20
Chain Affiliation: Yes - Accor
Lease: 22 Year Term
Laundry: Full commercial. All linen done on site. 2½ changes.
Restaurant: 50 seat plus cocktail bar. 120 seat function wedding centre.
Services: Room service and convention centre, Wi-Fi, cable TV, 3 spa rooms, guest laundry, fire rated.
Turnover: 2019/20$1,653,018 - 2018/19$2,057,035
Net: 19/20$387,207 - 18/19$453,774
Occupancy: 74% 18/19; 63% 19/20
Comment: This property is in one of NSWs best corporate regional cities. Strong government and trade business. Occupancy continues to rise. Plenty of room for tariff increases. Becoming a weekend destination for Sydney-siders. Rare opportunity to purchase a large quality Motor Inn business in this outstanding city.
MQ Property ID:
To receive updates via your Facebook newsfeed please click here, or visit ---.--------.---/ManentiQuinlan and like our page.
To follow us on Twitter please click here or visit ---.-------.---/ManentiQuinlan
To connect on LinkedIn click here or visit http://---.--------.---/company/manenti-quinlan-&-associates
If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.Sell Your Business