Mathoura, New South Wales
SOLD - Redgum Country Motor Inn - 1P5956
FHGC $1,350,000
Business Description
CRE Brokers are delighted to offer the freehold and business of the Redgum Country Motor Inn Mathoura to the market for the first time in 26 years.
This very well presented motel comprises of 16 motel units and 2 self-contained two bedroom apartments with a variety of rooming configurations, comprising of twin, family, two bedroom and also includes a disabled access unit.
The current owner has recently renovated the 16 motel units complete with new bathrooms. With all the hard work done the opportunity arises for a new operator to take this business to the next level and reap the rewards.
The Redgum Motel is conveniently situated on the Cobb Highway with excellent street corner frontage mid-way between the regional cities of Deniliquin and Echuca and directly opposite the local bowling club. The motel boasts a large land area of 2.109 HA presenting plenty of opportunity to the astute buyer.
Redgum Country Motor Inn is not currently listed on any major online booking systems and does not currently operate under a channel manager, Joining these platforms will create an online presence for the business generating an increase in turnover and profits.
The motel is popular with workers and travellers to the Murray River region.
Redgum Country Motor Inn will suit a buyer looking to enter the motel industry or the experienced operator whom can take this business to the next level.
Business Summary
Key Investment Insights
1. Well-presented motel with 16 units and 2 self-contained apartments
2. Recent renovations to all motel units, including new bathrooms
3. Convenient location on the Cobb Highway with excellent street frontage
4. Large land area of 2.109 HA providing potential for expansion or development
5. Opportunity to increase revenue and profits by joining major online booking platforms
6. Popular with workers and travelers to the Murray River region
7. Suitable for both first-time buyers and experienced operators
8. Business and freehold being sold together for the first time in 26 years
9. Midway between regional cities of Deniliquin and Echuca
10. Opposite local bowling club, providing potential for additional business from club patrons.