Kerang, Victoria
COUNTRY OPPORTUNITY WITH A BRIGHT FUTURE - 2453ML
SOLD
Business Description
- The Kerang Motel offers guests a central location with hotels, supermarkets and eateries within walking distance.
- Quiet location away from the Highway.
- Excellent consistent trade.
- 80% occupancy rate, with 70% of business being repeat guests.
- Easily run motel for a couple looking for a friendly country lifestyle change.
- Opportunity to capitalize on the K-bar, offering conferences, meals, events and more.
- Stage two solar farm about to commence, injecting huge benefits to the town’s economy, now is the time to reap the rewards.
- LEASEHOLD
Adjusted Net Profit: $158,789 for 2024/25
68% FHNOP
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2453ML (quote when enquiring)
Property Code: 4784
Business Summary
Key Investment Insights
1. Central location within walking distance of hotels, supermarkets and eateries, enhancing guest convenience and local foot traffic.
2. Quiet site set away from the highway, improving guest experience and appeal for overnight stays.
3. Consistent trade demonstrated by an 80% occupancy rate.
4. High guest loyalty, with 70% of business from repeat guests, supporting stable revenue streams.
5. Adjusted net profit of $158,789 for 2024/25, providing a clear profitability benchmark.
6. Strong profitability metric, 68% FHNOP, indicating efficient operating margins.
7. Leasehold opportunity suits buyer profiles seeking lower capital outlay and manageable ownership structure.
8. Business described as easily run by a couple, signalling operational simplicity and low staffing complexity.
9. On-site K-bar provides diversification into conferences, meals and events, creating additional revenue channels.
10. Imminent stage two solar farm development in the region expected to boost the local economy, offering potential demand upside for accommodation.
