Key Investment Insights
AI generated. Confirm details with the seller.
1. This is the first time the Pioneer Lodge Motel has been offered for sale in 20 years, indicating a stable and successful business.
2. The motel has a 3.5 star rating, indicating a good level of quality and service for guests.
3. The business has shown consistent year on year growth prior to the Covid pandemic, suggesting a strong and resilient business model.
4. There is potential for further growth, indicating that the business has not yet reached its full potential and there is room for expansion.
5. The living accommodation for the owners is modern, providing a comfortable and convenient lifestyle.
6. The 20 room motel has been recently refurbished, ensuring a high standard of accommodation for guests.
7. The restaurant/dining room, with a capacity of 60 seats, is fully licensed and only open for functions. This offers an additional revenue stream for the business.
8. The average net profit over the last 4 years, after rent, is $150,527 per annum. This indicates a profitable business with a good return on investment.
9. The leasehold sale price is $500,000 plus SAV, making this an affordable opportunity for potential buyers.
10. The new 35 year lease provides long-term security for the business and the new owners.
