Key Investment Insights
AI generated. Confirm details with the seller.
Key insights for this business for sale listing include:
1. New long 35 year lease provides stability and potential for long-term growth.
2. Easy to operate B&B with 18 rooms, catering to a variety of travelers including coaches, tradies, tourists, and commercial travelers.
3. Strong online presence and good profile on the web, making it easy for potential customers to find and book the motel.
4. Modern amenities, including large flat screen televisions, provide a comfortable and convenient stay for guests.
5. Large 3 bedroom residence included, providing the opportunity for an owner/operator or manager to live on site.
6. Located just north of Albury CBD, the motel is well positioned for easy access to the city's amenities and attractions.
7. Net profit of $149,896 for 2016/17, indicating a profitable and successful business.
8. Albury is a beautiful region known for its natural beauty, with the Murray River, mountains, and river plains all nearby.
9. The city has a population of nearly 50,000 people and a further 37,000 in Wodonga, providing a strong customer base for the motel.
10. Albury has a pleasant climate with warm, dry summers, mild autumns and springs, and cool winters.
11. The city is easily accessible by road, with close proximity to major cities including Melbourne, Canberra, and Sydney.
12. A wide range of leisure and dining options are available in Albury, with over 100 pubs, cafes, and restaurants offering a variety of cuisines.
13. The city also offers a variety of sporting facilities, including swimming pools, gyms, and multiple sporting clubs.
14. Albury has a strong cultural scene, with numerous theaters, libraries, museums, and art galleries providing a range of cultural experiences.
15. The city hosts a variety of events throughout the year, catering to a diverse range of interests and providing entertainment for both residents and visitors
