St Arnaud, Victoria

A Great Starting Opportunity Into The Motel Industry - 2642ML

LEASEHOLD $220,000

Business Description

LEASEHOLD MOTEL

Located just a short stroll from the main shopping centre in St Arnaud, Kings Avenue Motel is a fantastic entry-level opportunity in the motel industry.

This charming 5-unit motel, complete with a fully equipped setup and an onsite two-bedroom manager's residence, is ready for a new owner to step in and start earning from day one.

Whether you’re looking to enter the accommodation business or seeking a manageable investment with lifestyle benefits, Kings Avenue Motel is well worth a look.

Adjusted Net Profit: $74,610 for 2023/24

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2642ML (quote when enquiring)

Property Code: 5071

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Leasehold motel offering an accessible entry into the accommodation industry.
2. Adjusted net profit of $74,610 reported for 2023/24.
3. Five unit operation offers a manageable business scale.
4. Located a short stroll from St Arnaud’s main shopping centre.
5. Fully equipped setup allows a new owner to commence operating immediately.
6. Onsite two bedroom manager’s residence supports convenient living and business oversight.