Development potential in rural business
30–34 GAMENYA AVENUE Price $795,000 Agent Statewide Business Brokers Contact Wayne Cooper, 9586 3509 or 0407 997 777
This hospitality business with freehold property has proven to be a rewarding business for its current owners.
The Merredin Motel and Gumtree Restaurant services a huge regional area, with many satellite towns using Merredin as their main base, be it for medical, supplies, legal services or general shopping and overnight stays.
The current owners have done an outstanding job on improving the ambiance of the property by investing considerable capital to bring it to a level of excellence in presentation and service.
It is now time for a different family to take the business to another level of success.
The business offers a solid cash flow and has additional unused property (several titles) to be developed further, which could include family accommodation, apartment-style accommodation for long-term occupants or traditional-style motel accommodation to suit market demands.
There is also opportunity for the business to become a major event venue for corporate functions, weddings and celebrations — it simply needs strategies in place to promote it to the next level.
This business has the facilities and reputation to be a destination for accommodation and events catering.
The price includes the business, property covering six titles, plant (much of which has been updated or is new), stock and goodwill.