3 Andrew St, Strahan, Tasmania

UNDER CONTRACT Adj Net Profit>$243K 13 Rooms Freehold Motel Strahan Tasmania 70% Occupancy

SOLD

Business Description

Freehold going concern

This is your chance to own a highly-rated, four-star freehold motel in the heart of one of Tasmania's most popular tourist destinations on the stunning West Coast.

Motel Strahan offers 13 beautifully furnished units, built just 17 years ago by the current owners and impeccably maintained with regular upgrades. Now, they're ready to pass the baton to a new operator, presenting a fantastic opportunity to take over a successful, low-maintenance business.

Key Features:

Strong Occupancy Rates: With average occupancy around 70%, there's still room for growth through enhanced marketing and advertising efforts.
Prime Location: Only a 10-minute walk to iconic attractions such as the Gordon River, Strahan Golf Club, and the renowned West Coast Wilderness Railwayperfect for attracting tourists all year round.
Outstanding Reviews: Rated 8.6/10 on Booking.com with 270+ guest reviews, and 240+ positive reviews on TripAdvisor, providing a stellar reputation in the competitive accommodation market.
Modern Upgrades: Recent improvements include Smart TVs in all rooms, high-speed Starlink satellite Wi-Fi, upgraded downlights, and new machines in the guest laundryoffering guests a superior stay experience.
Manager's Residence: Includes a spacious 2-bedroom, two-storey manager's accommodation, perfect for live-in owners or onsite management.
Casual staff are employed during peak seasons, making this an ideal business for a family or entrepreneur looking to grow their portfolio. The groundwork is already donestep in and start reaping the rewards!

Don't Miss Out!

Complete a confidentiality agreement to receive the information memorandum and financials.

This is an incredible opportunity to acquire a well-established, highly rated motel in one of Tasmania's top tourist towns.

Phone Business Broker Paul Scott on ---------- . ---------- Praveen Pant on ---------- INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Business Summary

Marketing Agent

Paul Scott

0477 77....

Business Brokers Network Australia

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel offered as a going concern, providing direct property ownership and business income.
2. Reported adjusted net profit greater than $243K, indicating established profitability.
3. 13-room, four-star property, built 17 years ago by current owners, suggesting modern construction and cohesive design.
4. Impeccably maintained with regular upgrades, reducing near-term capital expenditure for a new buyer.
5. Average occupancy around 70%, demonstrating steady demand with identifiable upside via marketing and advertising.
6. Prime West Coast Strahan location, approximately a 10-minute walk to Gordon River, Strahan Golf Club and West Coast Wilderness Railway, ideal for year-round tourist appeal.
7. Strong online reputation, rated 8.6/10 on Booking.com with 270+ reviews and 240+ positive TripAdvisor reviews, supporting continued booking conversion.
8. Recent in-room and guest facility upgrades including Smart TVs, high-speed Starlink satellite Wi-Fi, upgraded downlights and new guest laundry machines, enhancing guest experience and operational efficiency.
9. Onsite two-storey, two-bedroom manager’s residence suitable for owner-operator occupancy or onsite management.
10. Seasonal casual staff already employed, indicating an operational model that can scale during peak periods and suit a family or entrepreneur buyer.
11. Low-maintenance positioning emphasised by current owners, facilitating a relatively smooth transition to new operators.
12. Opportunity to grow revenue and occupancy through enhanced marketing, given existing strong foundations and proven demand.