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El Toro Motel For Sale

Numurkah, Victoria, Australia
Freehold Price:
$925,000 (AUD)
Lease Asking Price:
On request (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

• 3 ½ star , 14 room motel
• Business and Freehold
• Member of Budget Motels Group
• Free Wi-Fi
• Dedicated onsite parking
• Onsite Managers residence available
• Walking distance to shops and eating establishments

The El Toro Motel provides a number of convenient, cost effective accommodation options to suit a variety of requirements. The business has rooms to accommodate singles, twins/doubles, and families. There is even a family unit which can accommodate up to six people. Both short and long-term accommodation is available.

In addition, the motel has a recently upgraded in-ground outdoor seasonal pool with children’s pool and there is a picnic and barbeque area available for guests to utilise. The business also offers free wireless internet access and dedicated on-site parking.

This is an excellent opportunity to acquire a well-established business along with the freehold property. The net profit is good and the sales are consistent. This business and freehold would be well suited to a family or couple who wish to take the business to another level.

Property Information

Real Estate:

Available as lease or with real property included

Living Accommodation:

The manager's residence consists of a one bedroom home with kitchen/dining area, lounge room and one good-sized bedroom. This could be utilised by a night manager or single owner-operator. The three bedroom family unit with full kitchen and loungeroom that is currently available for accommodation could be utilised by an owner-operator with family.

Location:

Ideally located in the main street of Numurkah opposite the town gardens and within walking distance to shops and eating establishments.

Premises Details:

The El Toro Motel is situated on approximately 1,678 sqm of land and has 14 clean, tidy rooms to suit a range of guests needs. The business boasts a commercial kitchen and provides cooked-to-order breakfast served daily.

Business Operation

Years established:
The motel was established in 1974 and acquired by the current owners in 2007.

Other Information

Lease asking price:
On request (AUD)

Contact Information

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