104 High Street, Kyneton, Victoria

An hour from Melbourne, this lovely Leasehold Motel has opportunity written all over it.

SOLD

Business Description

Located just an hour from Melbourne, this well performing and easy to run motel has opportunities for growth and also enjoys a high level of repeat customers. A long 27+ years remaining on the lease and showing a strong net profit of $167,000+ gives buyers great tenure and an excellent return on investment. With strong forward bookings, this will also give the new operator a great head start in to the business. The Motel currently does not use online travel agencies nor does it have online bookings available through their website, another opportunity for potential purchasers to grow this business. This Motel is located in a strong regional tourist hub and is centrally located to all the major amenities the region and town have to offer. A comfortable 3 bedroom / 2 bathroom residence, BBQ area and relaxing gardens complete the facilities. Here is an amazing opportunity to enjoy this lifestyle while growing this already well performing Motel, all with the lights of the City not far away.

For further details email us via the enquiry form or phone:-
Office: ----------
Broker: Tim Symes - ----------

Business Summary