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
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.
