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

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

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