Motor Inn in Echuca for Sale (Ref No:66103)
This is an excellent opportunity to purchase a well-structured and easy to run business that provides an excellent opportunity for a couple to enter the motel industry.
This 3.5 star motel located in Echuca offers 24 spacious ground floor rooms which are a mix of 2 Spa rooms, 2 Family rooms, interconnecting rooms, Twin, Queen rooms and 1 disability access room.
Guests have access to an on-site restaurant, outdoor pool, entertainment area, playground, picnic area and barbecue grills.
The restaurant is well-equipped with a commercial kitchen, Conference Facilities and a fully Licenced Bar that is open to guests and visitors. Hot and cold breakfasts are served each morning.
Reception is centrally located at the front of the property. A new large billboard is at the entrance of the motel and is visible from 500 metres away. There is plenty of off-street parking available for Coaches, Trucks, Trailers and guests.
The Motor Inn is a 5 minute drive from the heart of Echuca and approximately 2.4 km from the Echuca Back Nine Golf Course and the Echuca Harness Racing Club. It is also just a 4min drive from the Port of Echuca where one can take a historic paddle steamer ride on the Murray River.
The business is operated with minimal staff. The owners are on call 7 days/week and have the help of 1 casual employee.
The sale includes a 3 bedroom owners/manager’s residence. It is detached from the motel and offers a spacious living room, dining, kitchen, bathroom with shower & bath, toilet, laundry and shedding. There is a spacious and secure private yard.
No previous experience necessary. The business has consistent trading figures over the years and full financials are available.
Leasehold Sale Price $575,000+SAV
ABM ID #6214
Category: Tourism, Hotels and Motels, Accommodation
State : Victoria
City : Echuca
Freehold for Sale : No
Premise Leased : Yes