After six rewarding years the vendors of this well presented 12 unit motel are now providing an opportunity 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, corporate and trade 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.
MOTEL DESCRIPTION
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 Family 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 bar b cue 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 6 years successful ownership by current vendors
• Main road exposure in quiet street
• Low maintenance grounds
• Low operational overheads
• 24 year lease remaining with less than industry-based rental to ensure continuing rewarding nett profit
• Loyal and repeat corporate, trades, 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 RMS booking and enquiry system
• Motel units of brick construction with tiled roof whilst crushed rock parking bay and sealed concrete driveway fully compliment this attractively presented motel
• On-site laundry
• Linen, bedding and motel rooms and plant all presented to a high standard with nothing to spend
• All rooms have access to Foxtel, Wi-Fi etc.
• Minimal breakfast income providing opportunity for further income growth
• Reduced business asking price represents excellent buying opportunity
This profitable business will suit a couple requiring secure income at an affordable entry level.
Bank Finance for suitable applicant would be available.
For more information including documented financials please contact Select Business Brokers as detailed.
