Motel in Melbourne's East (Fully Managed!) - Ref: 17313
Takings: $860,000 per annum approx
• This is an attractive opportunity for anyone looking for a great accommodation /Motel business in Melbourne’s East.
•  Located in 15 km to Melbourne CBD and 28 Km to the Melbourne Airport
• Premises have 24 rooms including 3 Spa rooms and separate 3 bedroom unit for the managers accommodation
• All the bedrooms are in 4 star condition and maintaining 78% occupancy rate. Fully managed.
• Annual turnover approx $850,000 and rent $180,000 with long 5x5x5x5 years lease.
• Current vendor is in the business 6 years. Now selling due to the retirement.
• Vendor is expecting to sell $1,400,000 or near offer.
Don’t miss out on this opportunity!
For more information about this listing, please contact the agent below.
Agent: Dilun Pathirana
Mobile: 0424 651 868
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888