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DealProspect/Listings/Hospitality & Tourism

Quest Tamworth Serviced Apartment Hotel

Hotel

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$2,450,000
Disclosed · AUD
Revenue
EBITDA (est.)
~$657,930
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated EBITDA
Brief
  • Leasehold interest in Quest Tamworth, a 40-key serviced apartment hotel in East Tamworth, NSW — the largest of its kind in the region
  • One, two and three-bedroom apartments, each with modern kitchens, laundry facilities, air conditioning and Wi-Fi
  • Diversified customer base across corporate, local and leisure segments, with revenue and occupancy growing over the past three years
  • Onsite pool, BBQ area, conference facilities and owner's accommodation
  • Trades under the established Quest franchise brand
  • Regional Tamworth economy supported by major upcoming infrastructure and renewable energy projects