Industry:
Accommodation
Business Address:
342 Conadilly Street, Gunnedah, NSW, 2380, Australia
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Click on pics to enlarge.
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| AD
ID: |
B211100001 |
| Asking
Price: |
AUD$1,050,000
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| Rent: |
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| Detail
business type: |
Leasehold Motel |
| Business
Ph: |
0417 493 993 |
| After
hours ph: |
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| Name: |
Mr. James Farquhar |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
Mackellar Motel |
| Phone: |
0417 493 993 |
| Mobile: |
0417 493 993 |
| Fax: |
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| Email: |
manager@mackellarmotel.com.au |
| Website: |
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| Postal
Code: |
2380 |
| Country: |
Australia |
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Comments:
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Features |
THE TOP RATED LEASEHOLD MOTEL FOR SALE IN GUNNEDAH
Here is a rare opportunity to buy a lucrative business competitively priced to give a great return in a short period of time and set yourself up for life. We have drastically lowered the price to give a return on investment of a massive 50% for an early sale, well in excess of the industry average of 35%. This is incredible value for a four-star 30 room motel in regional NSW.
Net profit for 2020-21 was affected by Covid-19 but was still over $500,000 on 60% occupancy. As we come out of the pandemic, occupancy will rise back to normal levels of 65% to 70% and further improve returns and profitability. You could run this motel yourself to maximise profits or continue to use managers to maximise your lifestyle.
The Gunnedah Mackellar Motel is the top-rated motel in Gunnedah NSW and is the accommodation of choice for visitors to the rich Liverpool Plains grazing lands and the surrounding coal mines in the Gunnedah Basin. The motel is 12 years old, has 30 rooms, and has been lovingly maintained to an incredibly high standard.
Entry is into a huge Reception Area in the main building which includes a well-appointed Boardroom, a fully equipped Conference Room, a state-of-the-art commercial kitchen, and bar and restaurant, plus a full commercial laundry and housekeeping facilities. Conferences are very popular and bring in extra income. You can run the restaurant yourself or sub-lease for even further income.
Upstairs is a luxury fully equipped four-bedroom residence with your own private deck for entertaining personal guests.
Solar panels, timers and solar hot water pre-heaters provide maximum energy efficiency and minimise costs. Two high-speed NBN lines provide maximum reliability and redundancy.
The 30 accommodation suites are set back behind the main building and are whisper-quiet for guests at all times. Block-out curtains provide maximum privacy, especially for night workers who wish to sleep during the day. Two large auxiliary pumps provide exceptional water pressure for all.
Covered car parking provides maximum protection from the summer sun, and there is plenty of extra parking available for visitors.
Full account certified figures are available on request. Check out our website at www.mackellarmotel.com.au for a full description of the business.
Price $1,050,000 Negotiable. The price includes a long lease of 24 years.
For further details, please contact James 0417 493 993.
Email: manager@mackellarmotel.com.au
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- Busy Traffic Area
- Excellent Location
- Good Turnover
- Huge Potential
- Good Lease
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