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DealProspect/Listings/Hospitality & Tourism

17-Room Motel, Parkes

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$1,150,000
Disclosed · AUD
Revenue
Earnings (est.)
~$329,910
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-maintained 17-room motel in the heart of Parkes, a resilient regional New South Wales market
  • Modern rooms and quality amenities in an easy-to-manage operation
  • Consistent demand from tourism, business travel and regional infrastructure activity
  • Strong mix of corporate and leisure clientele with excellent guest reviews
  • Situated opposite Cooke Park, which hosts many of the town's community events

Motels in New South Wales

All 30
Listed
30
+4 in 30 days
Median asking
$3.2M
26 priced
Earnings multiple
10×
9 listings
Time listed
40d
11 tracked
Price drops
3
in 30 days
Asking price spread26 of 30 state a price
This listing · $1.1M
23%
31%
35%
$250K–$500KOver $5M

Queensland 19 · Victoria 19 · Canterbury 10 · Northland 9 · Bay of Plenty 8

Cafes 270 · Takeaways 114 · Childcare centres 110 · General retail businesses 106 · Restaurants 101 · Manufacturing businesses 48