59 MILLION VATU
This boutique, secure motel accommodation business is up for sale; Vendors have other plans.
Traveller’s Budget Motel opened in 2006 and is only a 5 minute walk to surrounding restaurants and a 10 minute walk to town.
The motel offers superior amenities compared to similar accommodation businesses, a communal outdoor Fare complimented with a standalone fully equipped kitchen overlooking the crystal 8.5 metre in ground pool and landscaped gardens.
For the past five years it has been Owner operated and the business can be run by their amazing long term staff who know all facets of the day to day operation thereby allowing you as the owner to be able to do other things if the need arises.
This business has been successful so much so it has won Trip Advisor’s Traveller Choice Award in the South Pacific Bargain Category (including Australia and New Zealand) for the past four consecutive years. It is also selected as the Top Choice Port Vila motel in the 2012 (current edition) of the Lonely Planet book on Vanuatu.
All rooms are self-contained with ensuite and kitchenette, microwave, bar fridge, +47 Satellite TV, LAN and WiFi and work station. All rooms have both remote controlled air conditioned and are complemented with ceiling fans.
The lowest motel buildings comprise an office and adjoining Managers room, a laundry and storage area, a common area toilet, a standalone community kitchen and a poolside entertaining fare. There are 10 rooms available for bookings of which 9 are configured with either a queen sized bed, a queen and a single bed or a double sized bed and a single bed. There is one larger room that sleeps seven adults comfortably. It is configured with a queen sized bed, 2 x king single beds, 1 x normal sized single bed and a set of single bed bunks. This room can be either booked by a large family or the single traveler.
There is a poolside meals area and refreshments are available. Home cooked meals are available for purchase. This allows for a relaxed atmosphere for guests to unwind and mingle with other travelers.
This small motel has a wonderful atmosphere and has a sense of serenity for all guests whether their stay be long or short term.
The listed price is plus Assets and Stock which can be agreed at the time of negotiation. The local company Amare Holdings Limited is the registered Lessee and business entity and is included in the sale adding a further saving in Government fees after settlement. The sale/purchase is on a ‘walk in walk out’ basis.
All company and associated business documents are current and a full set of financials are available.
Don’t hesitate to ask for a viewing and any other details.