Warrnambool, Victoria
A Coastal Retreat Opportunity Never Looked So Good - 2183MF
REDUCED FREEHOLD $2.95M
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.
- FREEHOLD MOTEL
Adjusted Net Profit: $246,625 for 2024/25
Contact the exclusive agent Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2183MF (quote when enquiring)
Property Code: 5332
Business Summary
Key Investment Insights
1. Freehold motel, sale includes the land and buildings providing capital security and investment upside.
2. Coastal location proximate to main road from Melbourne, approximately 260 km or 3 hours’ drive, supporting both weekend and holiday trade.
3. 14 recently refurbished rooms, reducing immediate capital expenditure and improving guest appeal.
4. Onsite family three-bedroom residence, offering owner accommodation or rental income potential.
5. Business described as easy to operate, suitable for first-time operators, implying simple systems and manageable staffing.
6. Significant money spent by current owners on upgrades, indicating a high standard of presentation and reduced short-term refurbishment needs.
7. Many repeat customers, demonstrating strong customer loyalty and stable occupancy potential.
8. Strong sales and described healthy net profit, evidencing operational profitability.
9. Adjusted net profit of $246,625 for 2024/25, providing a clear earnings benchmark for valuation and lending.
10. Exclusive listing with Tourism Brokers, agent Andrew Cronin named for enquiries, facilitating direct negotiation and inspection arrangements.
