Freehold Motel in North West WA

$3,950,000
(GMO Ref. 5921)

Going concern freehold motel and business.

Going gangbusters!
Carnarvon is undergoing a strong resurgence in accommodation demand.

New public works and mining operations in the region are spurring significant local trade.

Rare opportunity to secure a north west WA freehold motel and profitable business in idyllic NW coastal town site.

This is a recently renovated, highly profitable freehold property and motel business containing 61 guest rooms, managers accommodation, dining room, pool garden and support areas.

The motel was developed during the mid 1990’s and has been operated by the current owners for the past 10 years.

Due to planned retirement, the vendors are now willing to provide the opportunity to acquire the walk-in walk-out interests in this well established property and associated business at what the vendors suggest is a bottom of the market level.

Contact Richard Marr today for more information
P: (08) 9481 4422
M: 0411 721 878
E: rmarr@buyabusiness.com.au

ENQUIRE ABOUT THIS LISTING

Use the form below for more information
  • This field is for validation purposes and should be left unchanged.

MEET THE AGENT

Richard Marr

Richard can provide current business assessments across a wide category of classes and is always willing to discuss marketing strategies to best suit the opportunities to achieve the best possible price. Since commencing business sales with GMO Richard has been involved in sales and consultancy for businesses with EBITDA's up to $10m pa. Sales have been quite varied ranging from large Supermarkets to Industrial, commercial, retail and those within the hospitality industry such as hotels, motel s and liquor stores. Richard was a licensed valuer for over 35 years and has been a director of a number of publicly listed ASX and private companies and has a wealth of commercial experience in the property, mining and business community. Richard has lectured at Curtin University on business valuations, sales and specific licensed premises. Richard has been actively involved in the valuation and sale of licensed premises (having owned two Perth hotels) as well as other hospitality and varied commercial and industrial businesses. His experience in both government Departments and the commercial field over many years in NSW and WA have given him a broad-based business network.

Richards 's Recent Sales Success:
  • SOLD: Freehold Accommodation - $1,200,000
  • SOLD: Cafe - $250,000
  • SOLD: Manufacture/Supply (Furniture) - $600,000
  • SOLD: Cafe/Catering - $300,000

Contact Richard today: