You can buy this Motel with a very important factor involved, it is that you will some day want to sell the lease, and have a strong exit strategy in place.
That is because this Motel will have even better profit than today.
This motel is located near Leongatha on the very busy South Gippsland highway in a prime location for tourists.
Here in Korumburra, Burra foods has had been bought out by a large Chinese consortium that wants to pump $100 million into the business and the region. This will help all surrounding areas and no doubt increase takings significantly in this Motel. I must also point out, to make it in business in the accommodation industry it is very important to have a strong online presence and work on all social media advertising to attract visitors to your Motel first when they are doing a search on the internet. Because very little is currently done on this Motel, there is further huge potential to get a stronger online presence, as well as the Chinese investment in the area.The deal is all but done.
The Motel has over 26 units and all on ground level. Rent is excellent, and annual turnover is over $300k P/A.
Confidentiality Agreement must be first signed and only genuine enquiries please. This is already a great Motel, but it comes with huge potential for you to do the work and realise the potential and gain the rewards.
Improving the Motel will allow a higher sale price when it comes time for an exit from the industry, years down the road.
Huge opportunity for strategic thinkers.
Quote BSV 0788 and call Michael NOW, or submit an enquiry.
