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Accommodation & Tourism business for sale in VIC

  • Accommodation & Tourism
  • VIC
  • $2,000,000 (GST na)

Motel North of Melbourne - Ref: 15911

Takings: $600,000 per annum approx

  This lovely 19 unit (made up of 24 rooms) motel is located in a beautiful country town North of Melbourne
  Consistent business throughout the year
  Currently run under full management and the current manager would be happy to stay if the new operator decides to continue with them
  All the units have been fully refurbished inside/out within last two years
  Electrical systems have been upgraded including cable and switch
  New hot water system with the latest technology to save energy while providing uninterrupted hot water supply to guests
  This is the first motel in town and it is recognized by vast majority of people traveling interstate
  The motel comes with the name of the town which gives the competitive advantage in this digital era
  Massive block of unoccupied land for future development (STCA)
  Room to grow business further by adding services, like open the fully equipped restaurant for business
  It is a historic railway township, filled with heritage
  Victorian State Government have plans to develop this town as one of the major regional towns in Victoria, they have adopted Structure Plan on this direction and passed the Structure Plan on this direction few months ago
  The town is also close to winery and water activities
  Fishing in summer, ski in winter only short drive from town
  This business represents an opportunity for investor or family operator
  Vendor selling due to family reason

Asking $1,000,000 (Leasehold)
$2,000,000 (Freehold)

For more information about this listing, please contact the agent below.

Agent: Hai Feng Du
Mobile: 0431 017 518
Email: <a></a>

First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888

Business Highlights

Business ID2015240322
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  6 May 2019
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First Choice Business Brokers
1st Floor, 532 Station Street Box Hill VIC 3128