Located in the picturesque, wealthy and bustling New England area. This 15 room, all ground floor motel offers a solid based business in a well-presented and maintained property. A good variety of accommodation with choice of family rooms, twin rooms, doubles, and singles to cater for all clientele. A large, separate 3 brm residence including 3 bay garage, carport and private yard provides privacy and comfort for the operators. Situated close to the University and boarding schools the Motel is popular with both travelers and reps . Current owners of 15 years have continued working hard to build a strong repeat clientele base which sees business recovering and efforts paying off returning to former trading history for 2017 and potential for further improvement. Inspection will reveal the high quality of this Motel.
Owners are ready for retirement and are priced to meet market expectations, providing an excellent purchase opportunity for new operators to benefit from.
Inspection won't disappoint.
Nett $180,000 TBC
1. Located in a picturesque and wealthy area in New England.
2. 15 room, all ground floor motel with a variety of accommodation options.
3. Separate 3 bedroom residence with garage, carport, and private yard.
4. Popular with both travelers and reps due to its proximity to the University and boarding schools.
5. Current owners have built a strong repeat clientele base over 15 years.
6. Business is recovering and returning to former trading history in 2017.
7. Potential for further improvement.
8. Owners are ready for retirement and priced to meet market expectations.
9. Opportunity for new operators to benefit from established business.
10. Nett income of $180,000 (to be confirmed).
