Warrnambool, Victoria
A Coastal Retreat Opportunity Never Looked So Good - 2183MF
FREEHOLD $3.4M
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. Easy to operate, explicitly marketed as ideal for first-time operators.
2. Freehold motel, offering property ownership and asset security.
3. Adjusted net profit of $246,625 for 2024/25, indicating strong profitability.
4. Located on the main road from Melbourne, less than 260 km or about 3 hours by car, supporting drive-market demand.
5. Coastal location, positioned as a coastal retreat, appealing to holidaymakers and short-break travellers.
6. Fourteen recently refurbished rooms, reducing immediate capital expenditure and improving guest appeal.
7. Onsite family three-bedroom residence, facilitating owner-operator living and immediate management presence.
8. Significant recent investment by current owners to bring the motel to a high standard, implying upgraded facilities and reduced near-term maintenance.
9. Many repeat customers, demonstrating guest loyalty and stable demand.
10. Strong sales alongside healthy net profit, suggesting commercial resilience and good revenue performance.
11. Listed with an exclusive agent, Andrew Cronin from Tourism Brokers, streamlining enquiry and inspection arrangements.
