Landmark Motel for Sale ABM ID #6242

This successful landmark motel has been serving travellers, holiday makers, contractors and sales representatives for over 40 years.

The motel prides itself as a cosy 3.5 star motel.
39 spacious and tastefully decorated rooms in different configurations.
Fully licensed Restaurant which is open 6 days a week with 100 Capacity Licence
Outdoor swimming pool and recreation area
Undercover parking
Strategically located in a prominent position in Warrnambool. Only a 50m walk from the CBD with shops and restaurants on the doorstep.
2 bedroom manager’s residence onsite
Currently operated by 2 vendors with 10 casual staff.
Booking access through the major OTA’s.
Excellent reputation and cleanliness has allowed the business to be developed and sustained over the years.
Turnover $800,000+ pa

This well-structured and easy to run business provides an excellent opportunity to buy a solid business and represents good value for money.

Leasehold Sale Price $535,000+SAV

ABM ID #6242

Market Conditions & CompetitionN/A

Financial SummaryN/A

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Reason for SellingN/A

Location City: WarrnamboolState: Victoria Category Hotel/Motel/Accommodation
Restaurant/Food Service
Tourism, Leisure & Entertainment

Weekly RevenueN/A Monthly RevenueN/A Annual RevenueN/A

Contact PersonSimon Johnson Price$535,000+SAV Year Established1975

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

Landmark Motel For Sale ABM ID #6242