Key Investment Insights
AI generated. Confirm details with the seller.
1. Profit over $300,000: This business offers a strong financial return for potential buyers, with a net profit of over $300,000.
2. 29 rooms: The motel has a total of 29 rooms, providing ample accommodation for guests.
3. Prime location: The motel is located on the main entrance to the city from the south, making it easily accessible for travelers.
4. Long lease: The lease for the motel has 28 years remaining, providing stability and security for the new owner.
5. No food or restaurant: This motel does not offer food or restaurant services, allowing the new owner to focus on accommodation and potentially reducing operating costs.
6. Diverse clientele: The motel benefits from a mix of corporate bookings during the week and weekend occupancy from sporting groups and leisure travelers.
7. Central hub: The motel serves as a central hub for business and government services, potentially attracting a steady stream of guests.
8. Well-organized front desk: The motel has a well-organized front desk, providing a professional and efficient experience for guests.
9. Accredited rating: The motel is accredited with a 3.5-star rating, indicating a high level of quality and service.
10. Easy to run: The motel can be easily run by a couple, with additional support from casual cleaners.
11. Amenities: Guests can enjoy a range of amenities, including a pool with water slide, covered parking, and Wi-Fi access.
12. Owner's residence: The motel includes a spacious 2-bedroom, 1-bathroom residence with direct office access, providing convenience for the owner.
13. Strong history: The motel has a history of solid tariffs and corporate clientele, indicating a stable and successful business.
14. Investment opportunity: This leasehold motel presents an attractive investment opportunity for potential buyers.
15. Contact for details: Interested buyers can contact the seller for more information and to schedule a visit to the property.