Coober Pedy Underground Motel, Leasehold

Coober Pedy Underground Motel, Leasehold — Hospitality & Tourism · Coober Pedy · Asking $730,000 · Net Profit $202,012

Consistent performance with average occupancy around 65% Brand new 25-year lease term (5-year term plus 4 x 5-year options) Located underground in an original opal mine in Coober Pedy, with opal visible in the walls Underground function and conference centre for up to 80 guests Additional income streams from a gift store and opal shop

DealProspect/Listings/Hospitality & Tourism

Coober Pedy Underground Motel, Leasehold

Motel

ActiveHospitality & TourismSouth AustraliaB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$730,000

Disclosed · AUD

Revenue (est.)

~$848,433

Estimated · comparable listings of this type and size

Net Profit

$202,012

Implied multiple

3.6×

asking / earnings

Brief

Consistent performance with average occupancy around 65%
Brand new 25-year lease term (5-year term plus 4 x 5-year options)
Located underground in an original opal mine in Coober Pedy, with opal visible in the walls
Underground function and conference centre for up to 80 guests
Additional income streams from a gift store and opal shop

Brief

More hospitality & tourism businesses for sale