Griffith Motor Inn

96 Banna Ave, 

Griffith 2680

Leasehold:  $860,000

This 40 room 3½ star motel is well located 500 metres east of the post office.  It has a strong base of repeat guests.

The fully licensed restaurant is for guests only and is closed to the public.  There is a possible second stream of profit to made by re-opening the restaurant to the public.

There are 20 years left on the 25 year lease.  The landlord is willing to negotiate a further 5 years.

Last year's revenue was $809,000 and net profit $276,000.  

Griffith, population 15,000, is 570 kilometres south-west of Sydney.  It is a thriving, diverse multi-cultural rural city in a prosperous agricultural region.  Rice, grapes, citrus and cereals thrive in the area.

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