Ballarat Central, Victoria
Last Chance Charlie, Ballarat's Almost Sold Out! - 2126ML
UNDER CONTRACT
Business Description
Such is the motel market of Ballarat . One of the favoured centres in Victoria and just an hour's drive to Melbourne.
The Ambassador not only has a constant strong weekday business market, but also the social and sporting weekends of greater Victoria.
Its 23 rooms are just a kilometre from the city centre and on the edge of the industrial corridor. It’s less than a five-minute drive to both of these precincts.
Major hospitals servicing the rural community are even closer. A patient’s friends and family could be among your guests.
Ballarat. It’s a favourite of those looking for business advantage in a family friendly city that boasts the best of education opportunities. From Prep to Uni.
The Ambassador Motor Inn could well tick all the boxes for yours.
Net Profit: $371,166 for 2022/23
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2126ML (quote when enquiring)
Property Code: 5008
Business Summary
Key Investment Insights
1. Ballarat is a highly sought-after location for motels due to its proximity to Melbourne and strong business and leisure markets.
2. The Ambassador Motor Inn has a consistent weekday business market and also benefits from the social and sporting weekends in the area.
3. The motel has 23 rooms and is conveniently located just a kilometre from the city centre and on the edge of the industrial corridor.
4. Major hospitals are in close proximity, making the motel a convenient option for patients' friends and family.
5. Ballarat offers a family-friendly environment and excellent education opportunities, making it an attractive location for potential buyers.
6. The Ambassador Motor Inn has a strong financial performance, with a projected net profit of $371,166 for 2022/23.
7. Interested buyers can contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
8. The property ID for this listing is 2126ML.
9. This listing is managed by Property Code: 5008.
