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Motel business for sale in Shepparton

  • Motel
  • Shepparton VIC 3630
  • LEASEHOLD $2,490,000

Premium Buying Here In Strong Regional City - 1865ml

- Number One rated motel in town as supported by TripAdvisor and Booking.com.

- 25 beautifully refurbished ground floor rooms with 4 star self rating.

- Brand new 30-year Lease with capped CPI.

- Amazing 3-bedroom residence with a modern kitchen that other properties would be jealous of.

- Just under 200 kms from Melbourne, strong corporate and event city.

- Offers guests outdoor saltwater swimming pool, barbeque area and secure gated entry/exit.

- Very attractive net profit with turnover increasing year on year, could be run under management.

- High occupancy rate due to location and presentation of this immaculate motel.

- Absolutely solid performer as the the best presented motel in the city.

Net Profit: $534,020 for 2022/23 as advised by vendor

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1865ML (quote when enquiring)

Property Code: 5016

Business Highlights

Business ID2019407928
Floor AreaAsk Business Broker
Category
Last updated  25 Aug 2024
Map for Shepparton VIC 3630
Map for Shepparton VIC 3630Shepparton VIC 3630
Inspections
Documents

Business Highlights

Business ID2019407928
Floor AreaAsk Business Broker
Category
Last updated  25 Aug 2024

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