A rare opportunity to purchase the freehold of an extremely well-performing motel with a restaurant and bar situated in the coveted Mudgee region of NSW. Expressions of Interest are invited for this diverse business opportunity. The largest accommodation business in town, this motel boasts 44 rooms and continued repeat business sources, generating a current net profit from accommodation of just over $800,000 with additional units being currently built. This substantial turnover does not include an additional two income streams from the restaurant and bar/cafe/function centre, which are projected to net the business $1.2 million plus this financial year. Situated in this extremely popular destination in high demand by tourists and commercial trade alike, its continued year-round high occupancy and multiple streams of income ensures year-on-year strong profit. The sale includes the business of the motel with additions of a new commercial kitchen, bar, 2 separate beer systems, cool rooms, till systems and indoor and outdoor seating. A combination of low interest rates and a surge in domestic travel makes this a desirable property.
This is a rare opportunity which does not hit the market very often – a quality motel in a thriving regional town which blows away the competition.