3 Andrew St, Strahan, Tasmania

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

offers over $1.395 million+sav

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
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. Highly-rated, four-star freehold motel in a popular tourist destination on the stunning West Coast of Tasmania.
2. 13 beautifully furnished units built just 17 years ago and regularly upgraded.
3. Strong occupancy rates with an average of 70%, leaving room for growth through enhanced marketing and advertising efforts.
4. Prime location within walking distance of iconic attractions such as the Gordon River, Strahan Golf Club, and the West Coast Wilderness Railway.
5. Outstanding reviews on popular booking websites, providing a stellar reputation in the competitive accommodation market.
6. Recent modern upgrades including Smart TVs, high-speed Wi-Fi, and new machines in the guest laundry.
7. Manager's residence with spacious 2-bedroom, two-storey accommodation.
8. Casual staff employed during peak seasons, making it an ideal business for a family or entrepreneur.
9. Opportunity for growth and potential to increase revenue.
10. Confidentiality agreement required to receive information memorandum and financials.
11. Well-established and highly rated motel in a top tourist town.
12. Experienced business brokers available for further inquiries and assistance.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

24 Room FHGC Best value Tasmanian Motel $1,250,000 negotiable
Business Brokers Network Australia
24 Room FHGC Best value Tasmanian Motel...

QUEENSTOWN

$1,250,000 negotiable+SAV

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

12 Modern Fully Furnished Self Contained Units/Villas Overnight or Permanent Let $1,395,000
Business Brokers Network Australia
12 Modern Fully Furnished Self Contained...

23 Andrew St STRAHAN

o/o $1,395,000

FHGC Rocky Cape Tavern & Caravan Park 15 acres, Great Turnover Highway Frontage $1,295,000 +sav
Blue Chip Investment - 859MI
Seller Near Retirement - Priced to Sell at Only 2.5X!
Excellent Opportunity For Owner-Operators - 1694ML
Great Opportunity - Prime Location European Design
25 Room Dubbo Leasehold Motel Located Close to City - Operating Under Management
Great Entry-Level Opportunity - Awesome Returns!
Thriving Brewery & Retreat – Profitable, Scenic, Expandable Opportunity
Charming Country Inn Leasehold in Prime Location
High-Performing Management Rights Business with still more Growth Potential
EXCITING LEASEHOLD OPPORTUNITY - 1942ML
INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
A Motel Business That Shines Bright Like a Diamond - 452ML
Highly desirable Caretaking-Only absolute beachfront
Business Only - $188,740 Net Profit - ID 9185
Business Only with High Stable Salary - ID 9184
Regional Gaming Venue with Exceptional Features - 130HF
Permanent GEM in Eight Mile Plains - Brisbane Southside Central