Business For Sale Victoria
Business Category Motel
FREEHOLD $6,000,000
Description
A Cracking Freehold Motel With Huge Potential - 2168mf
- A 34 room ground floor motel in the heart of the Gippslands.
- Sitting on 5,277 m2, a development dream.
- Main street frontage with rear access.
- Can be split into Restaurant and 12 rooms, leaving 22 rooms, breakfast / dining area and residence (STCA).
Ready to take it to the next step?
- Create a website (never had one)
- Increase tariffs (not done in years - cheapest motel in town)
- Accept bus trade enquiries (not currently taking them)
- Create lease with extra rent from restaurant (minimum $50,000 per annum)
These are just a few examples of where your entrepeneur mindset can take you to boost this motel in to the next millenium. Enquire now for more information.
Net Profit: $674,088 for 2023/24 (as provided by vendor)
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2168MF (quote when enquiring)
Property Code: 5158
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This business is somewhat unique and has no similar competition in this region, category or price bracket.