Best offer above $990 000

Are you in a rut at work? Are you tired of making money for your boss? Have you ever thought of running your own business and keeping all the profit?

Well now is your best opportunity to escape the rut and do what the current owners did 8 years ago. Tell your boss you can’t afford to work for them anymore and work for yourself. By owning and running this high demand accommodation business, you will generate a very healthy income from the 9 rooms, with around 20 - 30 hrs a week effort whilst you live a country lifestyle, on the banks of the Hotham River, still being only about an hour from both Perth and Mandurah.

The Owners of the Boddington Motel have reached the point in their own business plan that has triggered their next move in life, enabling an astute buyer the chance to purchase this Award-Winning Business.

Over the past 8 years, the business has seen an upgrade to the facilities and the occupancy and profitability increase. However, there is further opportunity for a new owner /manager to build on the established solid repeat customer base and take it to the next level, working for themselves for as little as 25 hrs per week or engaging a manager.

The business has been developed to the point where it is ‘maintenance only’, except for your own touches. So, if you are a handyman, you are halfway there. However, there are numerous local tradesmen including plumbers, electricians, painters, gardeners, and carpenters if you need help or advice.

The Boddington Motel was recognised as a finalist in the 2017 Regional Peel Business Excellence Awards for its outstanding performance.

The business was impacted by COVID19 and the subsequent lack of visitors to Boddington, however it was the motel’s reputation and repeat business customers that helped the business to keep trading throughout 2020. The focus on customer service and a high standard of cleanliness can be noted throughout, with guests’ experiences being confirmed on TripAdvisor.

The motel has achieved a steady and reliable overall occupancy rate throughout the year averaging around 60%. The motel also has a steady stream of forward bookings that are testament to the quality of this facility and the way that the owners have run the business.
The business has one very loyal employee of 3 years, who provides support when busy or the managers need to travel for appointments.

Future opportunities are unlimited for the visionaries and learning how to fold fitted sheets may even be part of the handover.


Blue Sky Potential
The town’s economy is strong enough to support the motel without the benefit of the tourist trade. However, the tourist trade adds great potential to this well-located property. The tourist market is an area that can be focussed on in the future to attract more of the travelling public to the area to enjoy the number of local festivals and events that the Town holds throughout the year.

The vacant area at the rear of the lot shown outlined in red in the pictures (about 430 m2) has – according to the Shire of Boddington – the potential for another 5 units to be built.

Boddington
Nestled on the banks of the Hotham River, the town of Boddington is just 120 klms SE of the Perth CBD and 14 klms west off Albany Hwy from Bannister. The Shire is 75% state forest and represents over 30% of the Peel Region. Boddington is a 1 hour drive from not just the Perth metro area, but Narrogin, Collie and Mandurah. It’s also just 1.5 hrs to Bunbury and 3.5 hrs to Albany.

The Boddington Shire boasts rural living at its best with essential services close at hand.
This lively rural service centre is surrounded by farming, gold and bauxite mining and a State Forest with impressive stands of jarrah and marri. It is an area ideal for hiking, camping, picnics, birdwatching and wildflowers in spring.

Boddington is the centre of a sheep and timber district as well as a service centre for the nearby mines. The traditional economy in the Shire of Boddington is supported by the production of grains, sheep, cattle and timber. Family run businesses supporting the local community, include an IGA, Post Office, Hardware, Chemist, Pub, Tyre shop, 24 hr fuel and some amazing cafés.

GST
The property is being sold as a going concern.

Asking Price and Sale Process
The total asking price for the property is From $990,000 WIWO. Upon agreement between the parties, an amount will be established for the business, and a separate figure will be agreed for the property.
The standard Offer and Acceptance documentation – approved by REIWA – will be used for the purchase contracts.

Further Information
An information memorandum is available. Please contact Neil Woollacott on 0407 59 2244 if you would like a copy of this document.
Further, upon request and signing of a Non-Disclosure Agreement,
• a full inventory list of furniture and items included, and
• the last 3 years operating figures
will be provided.
An onsite meeting and discussion with the sellers is also available and recommended.

DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Realty Force South or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.