Freehold Motel in Lakes Entrance
Motel
ActiveHospitality & TourismVictoriaB2C
Asking price
$2,500,000
Disclosed · AUD
Revenue
$130,000
TTM
Earnings (est.)
~$34,697
Estimated · comparable listings of this type and size
Implied multiple
n/a
Price includes the property
Brief
- Freehold sale including the motel business and the land, 10 rooms
- Great location in Lakes Entrance
- Fully under management, easy to operate
Motels in Victoria
All 24 →Listed
24
+10 in 30 days
Median asking
$3M
21 priced
Median revenue
$487K
6 disclose
Earnings multiple
5×
212 listings
Time listed
15d
7 tracked
Price drops
1
in 30 days
Asking price spread21 of 24 state a price
This listing · $2.5M
29%
$100K–$250KOver $5M
New South Wales 33 · Queensland 20 · Canterbury 10 · Northland 9 · Bay of Plenty 8
Cafes 575 · Takeaways 528 · Restaurants 482 · General retail businesses 226 · Supermarkets 86 · Convenience stores 77
Priced like this one
All 24 →- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Management Rights – Noosaville, QueenslandManagement Rights · $2,900,000
- Freehold Caravan Park – Charleville, QueenslandHoliday Park · $1,950,000
- 14-Room Freehold Motel MackayMotel · Mount Pleasant, Mackay · $4,150,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Caravan and Cabin Park, Lakes EntranceHoliday Park · Victoria · $6,750,000