McDonald Hospitality Brokers | Over 40 years experience
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An excellent opportunity to enter the accommodation industry.
Beautifully presented and stylishly decorated 14 room Motel, located in the lovely Victorian country town of Kyabram.
The Motel has recently undergone renovations and improvements across its rooms and facilities, offering a diverse range of well-appointed rooms to suit the corporate traveller, tradespeople, families, grey nomads and passing tourists alike.
*Overall Motel turnover has not been impacted by COVID.
* Long Lease with good terms to 2046
* Buyers Yield of approx. 33.9%
* Excellent Lease terms with rent at 20% of Turnover
* Strong and continued growth across revenue & profitability
* 3 bedroom family residence
* Many improvements and renovations across rooms and facilities
* Solar boosted hot water system just installed ($30,000)
* Private relaxing BBQ and picnic area
* Good signage and well-maintained grounds
* Fully equipped Reception area
* Ample guest parking
* Repeat corporate trade
* Currently (approx.) 80% occupancy rate
This is a strongly performing Motel business with continued and consistent growth.
An inspection is highly recommended.
Contact Ian McDonald at MHB today for further information on this terrific Motel business today.
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