Business For Sale Shepparton, Victoria 3630
Business Category Motel
REDUCED LEASEHOLD $2.2M
Description
Premium Buying Here In Strong Regional City - 1865ml
- Number One rated motel in town as supported by TripAdvisor and Booking.com.
- 25 beautifully refurbished ground floor rooms with 4 star self rating.
- Brand new 30-year Lease with capped CPI.
- Amazing 3-bedroom residence with a modern kitchen that other properties would be jealous of.
- Just under 200 kms from Melbourne, strong corporate and event city.
- Offers guests outdoor saltwater swimming pool, barbeque area and secure gated entry/exit.
- Very attractive net profit with turnover increasing year on year, could be run under management.
- High occupancy rate due to location and presentation of this immaculate motel.
- Absolutely solid performer as the the best presented motel in the city.
Net Profit: $534,020 for 2022/23 as advised by vendor
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1865ML (quote when enquiring)
Property Code: 5016
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This business is somewhat unique and has no similar competition in this region, category or price bracket.