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

Marketing Agent

Tim Symes

0498998....

Ricky Symes

0488723....

Tower Business & Realestate

Key Investment Insights

AI generated. Confirm details with the seller.

1. Located just an hour from Melbourne, providing easy access to a major city.
2. Well-performing and easy to run motel with opportunities for growth.
3. High level of repeat customers, indicating a strong reputation and customer satisfaction.
4. Long remaining lease of 27+ years, providing stability and security for buyers.
5. Strong net profit of $167,000+, offering a high return on investment.
6. Strong forward bookings, providing a head start for the new operator.
7. Potential for growth through the use of online travel agencies and online bookings.
8. Located in a strong regional tourist hub, providing a steady flow of potential customers.
9. Centrally located to all major amenities in the region and town.
10. Comfortable 3 bedroom / 2 bathroom residence, BBQ area, and relaxing gardens for guests.
11. Opportunity to enjoy a lifestyle while growing a successful business.
12. Access to city lights and amenities while still enjoying a regional location.