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Business ID BS9044

16 Quality (bookings online) Motel/Apartments For Sale - Wagga Wagga

Very easy to run, great profits $130k+ Sale Price $375,000

Cache Motel/Apartments are a quality luxury accommodation provider operating accommodation for business people and tourists to Wagga Wagga and the surrounding areas.

The quality of the design, furnishing, surrounds and location gives Cache Motel/Apartments a competitive distinction in the beautiful city of Wagga Wagga, set in the centre of the CBD, restaurants, cafes and coffee shops.


BUSINESS HIGHLIGHTS

This business is separated into two sites which are located in the 4th block of Wagga Wagga’s main street diagonally across the road from each other.

10 x upmarket motel rooms which were fully renovated in November 2017 along with all common areas of the motel. The rooms comprise of 3 x queen rooms, 1 x accessible room, 3 x superior room, 2 x family rooms & 1 x apartment with full kitchen. All rooms are located on level 1 above cache-STORE OF FOOD.

And the other Site Two comprises of:

6 x upmarket apartments with full kitchen, laundry facilities along with secured parking with building completion November 2017. The suites comprise of 2 x 2 bed-room family units, 1 x queen studio, 2 x 1 bedroom suites & 1 x open plan king suite.

The Vendors are looking for a sea change and are seeking to exit the business, a transition and training period for the new owner is available to the successful buyer.

Whether you're looking to semi-retire, or you're seeking the perfect life style change, this is an excellent opportunity to buy a business in a beautiful Regional town and be your own boss.

On offer here are the management rights to a successful 16-unit Motel/ Apartments business situated in the inland city town of Wagga Wagga which is in regional country of NSW. This town enjoys an outstanding reputation for fresh produce and excellent climate with a population in 2011 was estimated at 62,871 people. It is expected that this inland city will continue to grow by 16,500 people between 2011 and 2031 which is an annual growth rate of 1.9%. (Source: Wagga Wagga City Council)

An ideal second business for a couple or individual , the current owners work approximately 10-12 hours p/w. The work consists of management and general administration.

The complex boasts many regular guests, couples, and visitors to the town. The current owners are ready for a sea change and are offering a fabulous lifestyle business opportunity to a new buyer, in a highly sought-after country location. This will not last long on the market, so be quick- call today.

Asking Price: $375,000

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Business Sale Price:
$375,000
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