Adjusted Price Freehold Going Concern Motel Showing 25% Roi
SOLD
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 configurations
2. Licensed restaurant on site
3. Free Wi-Fi and guest laundry
4. Ample parking for large vehicles and trailers
5. Large landscaped grounds with pool
6. Potential for growth and increase in profits
7. Run under management for many years
8. Opportunity for experienced operator or first-time buyer
9. Freehold ownership with no ongoing lease payments
10. Potential for additional revenue streams
11. Strong ROI of 25%
12. Opportunity to further develop and expand the business
13. Established and well-known business in the area
14. Convenient location for travelers and tourists
15. Potential for partnership or joint venture opportunities
16. Opportunity to increase occupancy rates and average room rate
17. Potential for cost savings and increased efficiency under new ownership
18. Strong financial performance with a net profit of $731,480
19. Prime investment opportunity in the hospitality industry
20. Potential for long-term growth and stability in the market
21. Well-maintained and modern property with attractive amenities
22. Potential for branding and marketing initiatives to attract more customers
23. Opportunity to tap into the growing tourism market in the area
24. Potential for owner-operator to reduce management costs and increase profits
25. Property Code: 1140 - easy identification and reference for interested buyers.