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DealProspect/Listings/Hospitality & Tourism

Quest Tamworth Serviced Apartment Hotel

Serviced Apartments

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$2,450,000
Disclosed · AUD
Revenue
EBITDA (est.)
~$274,476
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~8.9×
Assumed · asking ÷ estimated EBITDA

Brief

  • Leasehold interest in a 40-key serviced apartment hotel in East Tamworth, the largest of its kind in the region
  • Mix of one, two and three-bedroom apartments, each with a kitchen, laundry, air conditioning and Wi-Fi
  • Trades under the established Quest franchise brand
  • Customer base spans corporate, local and leisure guests, with revenue and occupancy both growing over the past three years
  • Onsite pool, BBQ area, conference facilities and owner's accommodation included
  • Regional Tamworth economy backed by major infrastructure and renewable energy projects still to come