Business Summary

Income Details: On Enquiry
Sale Price: Negotiable

This easy to operate and well-presented motel provides an opportunity for a working couple to enter the motel industry at an affordable level and be well-rewarded for their investment. The motel is perfectly-located and enjoys consistent repeat patronage from travellers, trade and corporate sectors.

The motel is centrally-located in the popular regional City of Bairnsdale an area that continually attracts tourists, business-people and travellers. There is also an organised calendar of sporting events, field events and festivals that 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 Units, 1 twin-room, self-contained family suite, 1 twin-bedroom family suite and 3 twin-standard units which all offer an affordable choice of room styles. There is also a large double garage for personal use. This consistent income motel comes with a 2 bedroom, 1 bathroom residence plus living area that adjoins the motel office entrance. The barbecue area with manicured 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 5 years successful ownership by current vendors
* Main road exposure in quiet street adjoining Princes Highway
* Low maintenance grounds
* Affordable current rental at $62,000.00
* Low operational overheads
* 22 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
* Onsite 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


This easily-managed business will provide a reward for effort and suitable for a couple wishing to enter the industry and reposition for the future now that the motel is trading at pre Covid levels.

Bank Finance for suitable applicant would be available.

For more information including documented financials please contact Select Business Brokers as detailed.

Property Details