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Ben Hall Motor Inn 5 Cross St, Forbes 2871 |
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Leasehold: $395,000 |
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| Rooms: | 29 |
| Restaurant: | No |
| Residence: | 2 BR |
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This 29 room 3½ star motel is well located 300 metres north of the post office. It is in the Budget chain and has a strong base of repeat guests. There is no restaurant in the motel, making it very easy to operate. Excellent local restaurant, hotels and clubs are a short stroll away. There are 22 years left on the 25 year lease. Last year's revenue was $315,000 and net profit $113,000. The first six months' trading of this financial year indicate that the revenue should exceed $350,000 The motel is set in 5 acres and includes a swimming pool and BBQ area. Forbes, population 7,450, is 384 kilometres west of Sydney. It lies on the Lachlan River and is a major commercial centre for this thriving agricultural region.
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