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Cooee Motel Gilgandra - Freehold Going Concern

Motel

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$2,950,000
Disclosed · AUD
Revenue
$394,321
TTM
Earnings (est.)
Implied multiple
n/a
Price includes the property

Brief

A 17-room highway motel on 2.1 hectares near Gilgandra, New South Wales, sold with its freehold, with five guest rooms recently added and a corporate accommodation agreement in place.

Listed
23
+4 in 30 days
Median asking
$3M
21 priced
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread21 of 23 state a price
This listing · $3M
19%
24%
24%
29%
$250K–$500KOver $5M

Australia 49 · Victoria 12

Cafes 186 · Takeaways 114 · Restaurants 112 · Childcare centres 85 · Manufacturing businesses 46 · Wholesale and distribution businesses 44

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