Stawell, Victoria

2624ML - A MOTEL BARGAIN WITH FREE RENT*

SOLD

Business Description

- CASH SALE!

- Owner says "MUST SELL"

- Reduced for a quick sale.

- Excellent Income, with great net profit.

- Great family owner/operated motel.

- 4.0 Trip Advisor rating.

- Brand new 25 year lease.

- Free rent until 1st January 2021 (*)

- Solid brick veneer motel with room to move.

- Residence onsite with space, comfort and huge outdoor area.

- Upgrades completed, 16 new bathrooms.

- Located within walking distance to local eateries.

- Consistent trade and income with high occupancy.

- All parking available outside rooms.

Net Profit: $162,067 for 2018/19 (includes GST); $96,727 for 2019/20


Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2624ML (quote when enquiring)

Location: Stawell is an active goldmining town of some 6,700 people located just off the Western Highway, 32 km north-west of Ararat, 235 km north-west of Melbourne and is part of the North Grampians Shire Council. More than 720 businesses are currently listed on the North Grampians Shire Council business database with major activity based in the thriving tourism, mining, textile manufacturing and rural industries. As one of the State's key agricultural districts, the shire's total annual production exceeds $96 million.

Events in Stawell: Grampians Pro Am Golf Circuit, Grampians Grape Escape, Stawell Hot Air Balloon Festival, Stawell Spring tournament, Agricultural Show and The Easter Athletics Carnival - the setting for the Stawell Gift. It is Australia's best-known, richest and oldest professional footrace, drawing up to 20,000 spectators.

Property Code: 3495

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Urgent sale: The owner is motivated to sell the business and has reduced the price for a quick sale.

2. Strong income: The business has a proven track record of generating good income, with a high net profit.

3. Family-owned and operated: The business is suitable for a family to run, providing a great opportunity for owner-operators.

4. Positive reviews: The business has a good reputation with a 4.0 Trip Advisor rating, which can attract potential customers.

5. Long lease: A brand new 25-year lease is included in the sale, providing long-term stability for the new owner.

6. Free rent: Until 1st January 2021, the new owner will not have to pay rent, providing a financial advantage.

7. Spacious property: The motel is a solid brick veneer building with plenty of space for guests and owners.

8. Onsite residence: The property includes a comfortable and spacious residence for the owners to live in.

9. Recent upgrades: The business has recently undergone upgrades, including 16 new bathrooms, ensuring the property is well-maintained and up-to-date.

10. Convenient location: The motel is located within walking distance to local restaurants, making it attractive to guests.

11. Consistent trade and occupancy: The business has a consistent trade and high occupancy rate, providing a stable income for the new owner.

12. Ample parking: All parking is available outside the rooms, making it convenient for guests.

13. Strong financials: The business has a net profit of $162,067 for 2018/19 and $96,727 for 2019/20, providing a solid financial foundation for the new owner.

14. Growing town: Stawell is an active goldmining town with a growing population and a diverse range of industries, providing potential for future growth.

15. Popular events: The town hosts popular events such as the Stawell Gift and the Gr
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Lifestyle Hotel - 1P5951
CRE Brokers
Lifestyle Hotel - 1P5951

64-70 Johnston Street ENSAY

Leasehold $120,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

...
RARE COASTAL LEASEHOLD MOTEL IN BOOMING HERVEY BAY
Freehold Caravan Park For Sale
Prime Beachfront Business with Huge Upside!
A Rare Investment Opportunity with Exclusive Zoning & Breathtaking Ocean Views! | Resort Brokers ID : MR008560
17 acres of Freehold Beachfront Caravan Park - 35 mins from Launceston | Resort Brokers ID : FH008562
Profitable Motel Investment Opportunity in Melbourne, Victoria!
Business Only, Nearly New Complex, Permanent MLR in Brisbane Southside
Leasehold Waterfront Motel Brand New Setup 5 Rooms Fully Licensed Restaurant and Gym
Acquire Popular MR Business - Long agreements with manageable duties | Resort Brokers ID : MRB008554
Premier High Net Holiday Business in supercharged Byron Bay market! | Resort Brokers ID : MR008547
Sought after Surfers Paradise MR offering balanced lifestyle and solid income | Resort Brokers ID : MR008415
Huge Income and Rare Opportunity - Student Accommodation MR Business in Brisbane
Section with Million Dollar Views
Established Cafe, Restaurant & Bar Business For Sale - Methven, Mt Hutt Village
A Boutique Tourism Opportunity on the West Coast
TENDER OPPORTUNITY – Verano-Noosaville CTS 32594 - Caretaking Management Rights
Tourist Mecca - Freehold Investment
A RARE TRIFECTA, WITH GREAT REWARDS - 1842ML