Ballarat, Victoria
UNDER OFFER - Ambassador Motor Inn - 1P5837
Leasehold $1,495,000
Business Description
Located in Ballarat, the largest provincial inland city in Victoria, this motel checks off all the necessary requirements for a successful investment.
With a 3.5-star rating, Ambassador Motel has had continued growth over the previous 5 years and it continues with July 2023 being their best July ever. It is a stable and lucrative business that serious buyers should not miss out on.
Conveniently situated on Sturt Street with neighbours including a fish and chip shop, a wood fired pizza/pasta restaurant, a laundry, a bakery, Cellarbrations liquor store, a hairdress and an indian grocery store.
The Ambassador Motor Inn offers a diverse range of rooms and attracts a wide range of loyal customers who keep coming back.
This motel has a comfortable 2 bedroom manager's residence, swimming pool and BBQ area for guests to enjoy.
With a long lease and fair market rent, this motel gives the astute buyer an opportunity to enter the market in a town that rarely has motels available to purchase, due to its success behind Melbourne and then Geelong as the most popular and successful motel towns.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North, C:VIC - WestKey Investment Insights
1. Located in the largest provincial inland city in Victoria, providing a strong customer base.
2. Consistent growth over the past 5 years, with the best July ever recorded in July 2023.
3. Conveniently situated on a busy street with neighboring businesses, providing easy access for guests.
4. Diverse range of rooms and loyal customer base, ensuring a steady stream of income.
5. Comfortable 2 bedroom manager's residence, swimming pool, and BBQ area for guests to enjoy.
6. Long lease and fair market rent, providing a favorable investment opportunity.
7. Rare availability of motels in the town, making it a sought-after investment location.
8. Strong success behind Melbourne and Geelong, two of the most popular and successful motel towns in Victoria.
9. 3.5-star rating, indicating a high level of customer satisfaction.
10. Stable and lucrative business, offering a secure investment for serious buyers.
