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DealProspect/Listings/Hospitality & Tourism

Recently Refurbished 24-Room Motel

Motel

ActiveHospitality & TourismB2C
Asking price
$1,750,000
Disclosed · AUD
Revenue
Earnings (est.)
~$513,302
Estimated · comparable listings of this type and size · typically within ±20%
Typical multiple
~3.4×
comparable listings of this type and size · typically within ±20%

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