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Two Established, Leasehold Motels For The Price Of One - Cann River, Vic

Listing ID: 1101

Cann River, Victoria 3890

  • Type Business | For Sale
  • Location CANN RIVER
  • Price Price: $440,000

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If you agree that two motels for the price of one is a deal that's too good to miss, you'll be checking out this excellent investment package in Cann River.
This leasehold opportunity - comprising the Cann River Motel and Cann Valley Motel - would make a great introduction to the hospitality industry, as the business is already well established.

Own 2 of the 3 motels in town
Prime location on Princes Highway
Walking distance from cafes, hotel and local winery restaurant
Total of 17 guest rooms across two motels
Excellent husband-and-wife business
Leasehold deal includes everything except bricks and mortar!
Owner's 2-bedroom residence included
Business established 20-plus years
Current owners in place for 3 years
15 years left on lease - owners will extend
1 staff member
Excellent clientele, including general travellers, overseas tourists and road workers
6 hours to both Sydney and Melbourne

With a reputation for great value and service, there's no shortage of guests at these motels. Work crews love them, because they get breakfast, lunch packs and dinner!
Running 2 out of only 3 motels in the area guarantees a healthy income, and the current owners say the business is very easy to run.
It also offers a great lifestyle, being close to fabulous National Parks, the ancient rainforests of Victoria's far east, and Point Hicks Lighthouse.
The area offers fantastic camping, fishing, boating, hiking and diving, so bring the family and start an amazing new life in Cann River.

Price: $440,000

LOCALITY ( get directions )

Cann River, Victoria 3890