IMMACULATE LEASEHOLD MOTEL PROFITABLE - EASY TO OPERATE - ASKING PRICE $420,000.00 Negotiable
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After five rewarding years the vendors of this immaculately presented motel are now providing an opportunity for an enthusiastic couple to enter the motel industry at an affordable level and be well rewarded for their investment. The motel is well located and enjoys consistent repeat patronage from both the tourist and corporate sectors.
The motel is centrally located in the regional City of Bairnsdale continually attracts tourists , business people and travellers whilst an organised calendar of sporting events field events and festivals ensures consistent and repeat patronage of this smaller but easily manageable motel
This single storey well - presented motel attracts the budget conscious traveller by providing quality accommodation with competitive pricing. There are 12 ground floor units comprising 7 Queen Rooms, 1 x2 bedroom Self- Contained Family Unit , 1x 2 Bedroom Family Unit, and 3 Twin/ Small Famiy Units offering an affordable choice of room styles. This consistent income motel also comes with a 2 bedroom,1 bathroom residence plus living area that adjoins the motel office entrance with a large double garage for personal use .The barbcue area with lawn and pergola provides recreational options for patrons in easily maintained grounds.
Other Key Features of this quality motel include
- Well established business with over 5 years successful ownership by current vendors
- Well - appointed 2 bedroom residence
- Increasing motel income exceeding $270,000.00 annually
- Above industry occupancy rates
- Low maintenance structure
- Low operational overheads
- 25 Year Lease remaining with less than industry based rental to ensure continuing rewarding nett profit
- Business Asking Price represents excellent return on capital investment
- Loyal and repeat corporate /traveller and tourist guests
- Online presence with profiles on Booking.com, Expedia, The Hotel Network AND East Gippsland Visitor Centre
- Fully functional website with online Little Hotelier being the site minder based enquiry system
- Motel units of Brick Construction with flat tin roof whilst crushed rock parking bay and sealed concrete driveway fully compliment this attractively presented motel
- On site laundry
- Linen, Bedding and Plant all presented to an high standard with nothing to spend whilst rooms have access Netflix and Smart TVs
- Minimal breakfast income providing opportunity for further income
This easily managed business will provide a rewarding nett income with time to enjoy the attractions the region provides.
This is a recommended opportunity with Bank Finance available.
For more information including documented financials please contact Chris Keeshan on the number above or fill out the enquiry form below.