Motel, Kyneton
Motel
ActiveHospitality & TourismVictoriaB2C
Asking price
$895,000
Disclosed · AUD
Revenue (est.)
~$1,069,627
Estimated · comparable listings of this type and size
Net Profit
$258,101
Implied multiple
3.5×
asking / earnings
Brief
- Consistent motel business in Kyneton with year-on-year growth across corporate and leisure markets
- Extremely favourable 27-year lease with 22 years of renewal options
- Beautifully presented, low-maintenance operation run with two casual staff
- Strong Booking.com rating reflecting quality and guest satisfaction, with a generous owner's residence
- Only an hour from Melbourne in an area seeing significant commercial and residential development
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