ResortBrokers is excited to exclusively present for the first time ever to market the freehold going concern of Blazing Stump Motel & Suites in thriving Wodonga.
This is an incredible opportunity to own and operate a business of considerable scale and incredible repeat clientele in one of Victoria’s most rapidly growing regions.
On offer is the well-established and highly profitable motel freehold business comprising 56 rooms and 10 cabins. Appealing to all markets the business boasts a turnover of circa $2.6 million with a net profit of over $1.1 million underpinned by exceptional goodwill built up over the last three decades of operation.
Also on offer is an adjacent parcel of land measuring approximately 7,000 sqm.
Established in 1992, Blazing Stump Motel & Suites has cemented itself as one of Wodonga’s most popular accommodation venues. The owners have continually upgraded and reinvested in this immaculate property.
The motel has a wide variety of accommodation options from suites to apartments to cabins making it an attractive destination for both corporate and leisure trade. The motel benefits from strong repeat clientele, particularly its corporate trade which is driven by both private and public sector contracts.
Located in one of Victoria’s fastest developing regions, Blazing Stump is perfectly positioned to take advantage of Wodonga’s continued growth as both a population center and economic powerhouse.