Freehold Motel - 81% Occupancy GUARANTEED for next 2 years - Net Profit $600K

The Kingsley Motel and Cabernet restaurant represents an excellent opportunity to secure a high-quality regional Motel and restaurant operating with limited competition, within the booming south-west of Western Australia.

GUARANTEED OCCUPANCY
The motel is just secured a two-year forward booking from a large mining company undertaking expansions in the area which will guarantee the use of 30 rooms for 365 days per year. This will conservatively add over $500,000 of additional revenue to the business over these two years taking the annual revenues well above $2 million. These bookings are due to start in January 2022 and will take the occupancy of the hot motel well above 80% for the next two years.

CURRENT EXPANSION
The owners have invested over $750,000 of renovations and improvements into the Motel over the last 5 years, investments that will pay dividends for a new owner. Additionally, such as the demand for accommodation in the area the owners are spending approximately $260,000 to add six additional Queen ensuite rooms to the motel, bringing the number of rooms to 43.

  • All the hard work’s done – predominantly renovated 37 room motel and restaurant
  • Six new rooms being added by the current owners
  • Guaranteed booking of 30 rooms by large mining company for next two years
  • Ample space for additional accommodation units to facilitate future growth
  • Predominantly corporate clients, with long-term and repeat bookings
  • Limited local competition to both motel and restaurant
  • 4.0 score on TripAdvisor
  • "Tree change" opportunity - situated in the southern forests of Western Australia
  • Property inspections by appointment only
Blair Macdonald

Interested? Why not give Blair Macdonald a call on 0433 149 144 or