Adjusted Price Freehold Going Concern Motel Showing 25% Roi
$3,280,000
Business Description
Premier Business Sales are proud to bring to the market this 30 room motel as a Freehold Going Concern, with an excellent opportunity for a new owner to grow the profits. The motel features 30 rooms of various configurations and caters for all your needs with a licensed restaurant, free Wi-Fi, guest laundry and undercover parking directly outside the room. There is ample parking for large vehicles and trailers. The large landscaped grounds feature an inviting pool.
The property has been run under management for many years and is a great opportunity for an experienced operator who can see the motels potential or somebody looking for a freehold motel with upside.
1. 30 room motel with various room configurations catering to all needs
2. Licensed restaurant, free Wi-Fi, guest laundry, and undercover parking available
3. Ample parking for large vehicles and trailers
4. Large landscaped grounds with an inviting pool
5. Potential for growth and increased profits under new ownership
6. Currently run under management, offering opportunity for an experienced operator or first-time buyer
7. Freehold property, providing long-term investment potential
8. Net profit of $731,480, showing a 25% return on investment
9. Opportunity to capitalize on the motel's potential and make improvements to increase profits
10. Located in a popular and growing tourist destination, providing a steady stream of customers.