Narrandera, New South Wales 2700

Motel on 10 acres and Vendors terms available

For Sale | $1,248,000

Guest House/B&B Motel Resort

Immaculately maintained, the Newell Motor Inn at Narrandera has solid financials and is an ideal business opportunity for an owner/operator.
The geographic position gets a constant stream of travellers, tourists and drivers from the transport industry, due to being conveniently situated between Sydney, Canberra, Brisbane, Melbourne and Adelaide.
This location makes the motel a strong investment for many years to come.
The Motel has 23 ground floor units. Rooms are set 100m off the road with double glazed front windows, for a peaceful nights sleep for your guests.
All are ground floor units, non smoking rooms. Easier for the owner to manage. Beautiful garden setting and swimming pool area. 12 meg water licence.
Opportunity for the new owner to work on getting a lot more buses in as there is plenty of space.
Some extra work on social media & online marketing would also further boost the already great financials on this business.
More promotion should be done to the transport industry to make that transport community aware there is parking for semi-trailers and huge Double B rigs as most motels cannot offer that facility.
This can be done on Facebook chat groups.
Restaurant & Bar facilities for a vendor to set a menu and times for whatever they chose to offer to their customers.
Solid income stream on a huge block of land for possible future development, big infrastructure on the land makes this a solid investment for years to come.
New solar farms are planned for construction in 2019 near this motel.
The project development manager of a new solar farm said he expects the project to bring around 330 jobs to Narrandera Shire.
The project will generate around 200 direct jobs during construction and around 130 indirect supply chain jobs.
The employment benefits extend through the local supply chains to fuel supply, vehicle servicing, uniform suppliers and
- hotels, motels, B&B's, caf├ęs, pubs, catering and cleaning companies, tradespersons, tool and equipment suppliers and many other businesses
Vendors terms of $800,000 down payment with balance on vendors terms @ 6% over a 5 year period.
Vendors are negotiable and all fair offers welcomed.
You will enjoy an onsite inspection.
Quote MSA 5029 and call Michael NOW !! or submit an enquiry.

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Michael Keltie



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Michael Keltie

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Overview

This Guest House/B&B Business is one of 13 businesses for sale in Canberra, New South Wales, and one of 1 Guest House/B&B Businesses in this region that a business for sale currently has on offer. This Guest House/B&B Business is for sale in Canberra for the asking price of $1,248,000 and is new to the market.