Warrnambool, Victoria

A Coastal Retreat Opportunity Never Looked So Good - 2183ML

SOLD

Business Description

- A fantastic opportunity to operate a coastal motel.

- Easy to operate, ideal for first time operators.

- Situated on the main road from Melbourne, less than 260 kms away, or 3 hours travel by car.

- 14 recently refurbished rooms.

- A family 3 bedroom residence onsite.

- Lots of money spent by the current owners getting this motel up to a high standard.

- Many repeat customers.

- Strong sales and healthy net profit.

Net Profit: $225,625 for 2022/23

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

Property ID: 2183ML (quote when enquiring)

Property Code: 4984

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

AI generated. Confirm details with the seller.

1. Easy to operate, ideal for first time operators.
2. Located on the main road from Melbourne, making it easily accessible.
3. 14 recently refurbished rooms, ensuring a high standard of accommodation.
4. Includes a family 3 bedroom residence onsite, providing convenience for the owners.
5. Significant investment made by current owners to improve the motel.
6. Strong repeat customer base.
7. Healthy net profit and strong sales.
8. Exclusive agent Andrew Cronin from Tourism Brokers available for further information and inspections.
9. Property ID: 2183ML (quote when enquiring).
10. Property Code: 4984.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Easy to run, beautifully presented motel in Kyneton offering long term lease | Resort Brokers ID : LH009272
ResortBrokers
Easy to run, beautifully presented motel in...

KYNETON

$895,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

NSW SOUTH COAST CARAVAN PARK – FHGC with an ROI of 13%, PRIME LOCATION, LIFESTYLE - 134CPF
Luxury Whitsundays Resort Business with $463K Net Profit - ID 9194
26-Room Leasehold Motel in Thriving Murray River Region
Rare 26 Key Metropolitan Melbourne Motel Leasehold | Resort Brokers ID : LH009342
Business Only MR Opportunity - No Facilities - Low Maintenance Operation  | Resort Brokers ID : MRB009309
THE LEGENDARY LION’S DEN HOTEL (FREEHOLD) - 152HF
Secure Coastal Management Rights with Proven Income Potential
Cadell on the Murray -  Riverfront Motel Resort – Refurbished &  Secure Long Lease
MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY | Resort Brokers ID : FH009333
Freehold Great Ocean Road Motel with Development Upside | Resort Brokers ID : FH009321
Low Maintenance Freehold Going Concern Motel | Resort Brokers ID : FH009340
Paradise Waters Management Rights – Strong Income & Low-Maintenance Duties | Resort Brokers ID : MR009325
Christmas Deadline – Vendor Says Sell – Kings Beach Business Only! | Resort Brokers ID : MRB009344
Lifestyle and Income Without the Live Onsite Requirement
Secure Motel Freehold Investment – Country Plaza Halls Gap | Resort Brokers ID : INV009332
The Hydro Majestic
Long Agreements. No Set Office Hours. Prime Benowa Location
Albury City Motel – high-performing leasehold with 27-year tenure