29-Room Leasehold Motel, Forbes
Motel
ActiveHospitality & TourismNew South WalesB2C
Asking price
$295,000
Disclosed · AUD
Revenue (est.)
~$532,772
Estimated · comparable listings of this type and size
Net Profit
$128,558
Implied multiple
2.3×
asking / earnings
Brief
- Leasehold bed and breakfast motel with 29 ground floor units.
- Central location just off the Newell Highway, walk to restaurants and pubs.
- A number of rooms out of service for upgrades, with turnover growth expected as they return.
- Spacious two-bedroom residence.
- Long lease in place.
- Located in Forbes in the Lachlan Valley, central west NSW.
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