Well established, easily managed and Profitable Business in great location.
575,000 wiwo
4754 Copper Coast Highway KADINA SA 5554
The Kadina Gateway Motor Inn has proven to be a reliable profitable business for over 40 years. It shows an excellent return on investment, is very easy to manage (the restaurant is sublet), it has a strong "corporate" guest base and enjoys approximately 70% occupancy. Over the last 40 years the Motel has enjoyed consistent growth and a good reputation.Additionally there is room to expand to include a Caravan Park or Cabin Park if you wish (subject to appropriate approvals). Kadina is the business centre of the Yorke Peninsular and Copper Triangle and is also part of a very popular tourist area and is only 1.5 hours from Adelaide.The Motel lease has 20 years to run but I believe the landlord would not be adverse to extending that if required.Great Business, easy to manage, potential for more growth - what more could you want?
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For Sale For Lease Pty Ltd
For Sale For Lease
- Bedrooms: 0
- Bathrooms: 0