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The best Motel business near Leongatha for sale.

Business for Sale
Leongatha VIC

Gippsland is a beautiful part of the world to live and own a motel, and there are thousands of tourists that travel all over the region. You can buy this Motel with a very important factor involved,

Price $494,000

The best Motel business near Leongatha for sale.

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Stock Value:
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Gippsland is a beautiful part of the world to live and own a motel, and there are thousands of tourists that travel all over the region.
You can buy this Motel with a very important factor involved, it is that you will some day want to sell the lease, and have a strong exit strategy in place.
This motel is located near Leongatha on the very busy South Gippsland highway in a prime location for tourists.
Nearby in Korumburra, Burra foods has had been bought out by a large Chinese consortium that wants to pump $100 million into the business and the region. This will help all surrounding areas and no doubt increase takings significantly in this Motel.
I must also point out, to make it in business in the accommodation industry it is very important to have a strong online presence and work on all social media advertising to attract visitors to your Motel first when they are doing a search on the internet.
Because very little is currently done on this Motel, there is further huge potential to get a stronger online presence, as well as the Chinese investment in the area. The deal is done, it just needs to now be approved by the government.
The Motel has over 20 units and all on ground level. Rent is approx $25% of the takings , and annual turnover is over $300k P/A.
Confidentiality Agreement must be first signed and only genuine enquiries please.
This is already a great Motel, but it comes with huge potential for you to do the work and realise the potential and gain the rewards.
Improving the Motel will allow a higher sale price when it comes time for an exit from the industry, years down the road.
Quote BSV 0788 and call Michael on 0400 645 133 NOW, or submit an enquiry.

Contact Seller

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Contact: Michael Keltie
Mobile: 0400645133

Bsale ID: 90148
Agent ID: 2941987




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