29-Room Leasehold Motel, Forbes

29-Room Leasehold Motel, Forbes — Hospitality & Tourism · Forbes, NSW · Asking $295,000 · Net Profit $128,558

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.

DealProspect/Listings/Hospitality & Tourism

29-Room Leasehold Motel, Forbes

Motel

ActiveHospitality & TourismNew South WalesB2C

Find funding for this deal →View original listing ↗

Asking price

$295,000

Disclosed · AUD

Revenue (est.)

~$545,199

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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