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DealProspect/Listings/Hospitality & Tourism

Leasehold Motel with Ocean View

Motel

ActiveHospitality & TourismB2C
Asking price
$1,895,000
Disclosed · AUD
Revenue
Earnings (est.)
~$544,509
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.5×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Leasehold motel with an elevated, ocean-view position in town
  • Walking distance to shops, cafes, restaurants and the beach
  • Operates as an easy-to-manage bed and breakfast business
  • 27 rooms plus a one-bedroom residence
  • Loyal repeat customer base and strong occupancy levels
  • Lease runs to 2050, on land of approximately 2,200m2
  • 4-star standard with guest laundry and parking