Premium Buying Here In Strong Regional City - 1865ml

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

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Andrew Cronin

Bsale ID: 647846
Broker REF: tourismbrokers_50_1722

Tourism Brokers
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