Beechworth, Victoria
AN OUTSTANDING BUSINESS IN A BEAUTIFUL PART OF VICTORIA - 2873ML
SOLD
Business Description
An outstanding leasehold opportunity in one of Victoria’s most popular tourist towns. The Armour Inn Motel features 20 well-maintained guest rooms, a spacious 4-bedroom manager’s residence, and a high-profile corner location in the heart of Beechworth.
This well-established business boasts strong year-round trade, excellent guest reviews, and solid repeat clientele. Ideal for an owner-operator or family seeking a profitable lifestyle business in a growing regional market.
Highlights:
- 20 guest rooms in various configurations.
- Large 4-bedroom, 2-bathroom manager’s residence.
- Central Beechworth location - walk to shops, cafes and attractions.
- Consistent income with potential for growth.
- Long lease with favourable terms.
- Enquire now for full details and financials.
Adjusted Net Profit: $488,326 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2873ML (quote when enquiring)
Property Code: 5349
Business Summary
Key Investment Insights
1. Leasehold motel opportunity located in the heart of Beechworth, a popular Victorian tourist town, occupying a high profile corner site.
2. 20 well maintained guest rooms offered in various configurations, supporting diverse guest types and occupancy strategies.
3. Large on site manager’s residence, four bedrooms and two bathrooms, enabling owner operator or family occupancy and reduced staffing accommodation costs.
4. Strong year round trade with excellent guest reviews and solid repeat clientele, indicating stable demand and reputation.
5. Adjusted Net Profit of $488,326 for 2024/25, demonstrating current profitability at the stated financial year.
6. Long lease in place with favourable terms, reducing immediate ownership risk and providing operational continuity.
7. Central walkable location, close to shops, cafes and attractions, enhancing guest convenience and occupancy appeal.
8. Well established business with evident maintenance standards, reducing immediate capital expenditure on refurbishments.
9. Clear positioning for owner operators or families seeking a lifestyle business in a regional growth market.
10. Stated potential for growth, implying opportunities to increase revenue through marketing, yield management or ancillary services.
