A Great Starting Opportunity Into The Motel Industry - 2642ML
St Arnaud, VIC, VIC

Description
Located just a short stroll from the main shopping centre in St Arnaud, Kings Avenue Motel is a fantastic entry-level opportunity in the motel industry. This charming 5-unit motel, complete with a fully equipped setup and an onsite two-bedroom manager's residence, is ready for a new owner to step in and start earning from day one. Whether you’re looking to enter the accommodation business or seeking a manageable investment with lifestyle benefits, Kings Avenue Motel is well worth a look! Adjusted Net Profit: $74,610 for 2023/24 Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection. Property ID: 2642ML (quote when enquiring) Property Code: 5071
Financials
- Asking price
- $220,000
- Net profit
- $74,610
- Revenue
- —
- Profit multiple
- 2.95x
- Revenue multiple
- —
Agent
Andrew Cronin
