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Recently Refurbished 24-Room Motel

Motel

ActiveHospitality & TourismNew South WalesB2C
Asking price
$1,750,000
Disclosed · AUD
Revenue
—
Earnings (est.)
Typical multiple

Brief

  • 24 spacious rooms of approximately 24m each
  • Over $500,000 recently invested in refurbishment
  • Licensed motel with on-site restaurant and full commercial kitchen
  • Central in-town location with on-site parking and in-ground pool
  • Motel and guest laundry facilities
  • 3.5 star standard on a 4,447m site
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  • How long it has been for sale
Listed
24
+3 in 30 days
Median asking
$3M
22 priced
Earnings multiple
2.9×
37 listings
Price drops
1
in 30 days
Asking price spread22 of 24 state a price
This listing · $1.8M
18%
23%
23%
32%
$250K–$500KOver $5M

Australia 51 · Victoria 13

Cafes 185 · Restaurants 112 · Takeaways 112 · Childcare centres 84 · Manufacturing businesses 45 · General retail businesses 42

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