Motel - Freehold - Lots of potential - GK1034

Industry: Accommodation/Tourism - All | Listed by: SBX Business Brokers
Key Strengths
About this business
Motel - Freehold - North West NSW - Agent SBX Code Number: GK1034

Freehold Motel with 10 units and 2 bedroom residence. Includes licenced restaurant. Automated check-in machine with contract cleaner. The property has been recently refurbished with floating floor, new carpet, painting and a solar system with a 10kw battery. - Currently leased for $500 per week + all outgoings.

Potential
There is currently no on site owner/operator and the restaurant is not presently operating. Owner operator will improve income significantly. Increase room rates if operated/managed.

Features
Freehold with lots of potential. - Great investment.

Premises
This business has an area of 1300 sq. mts.

Location
Tamworth/Inverell District. Country Motel on main hwy.

Trading Hours
5 days

Lease
Freehold - 3 + 3 year lease commenced March 2019, 6 week bond, annual increases CPI.

Employees
1 casual

Comments
The owner is currently leasing the business to an operator with a 3 x 3 year lease.

Figures
Weekly Sales $500
Rent (ex GST) $0
Wages $0
Profit $500


Agent SBX Code Number: GK1034 - SBX Business Brokers
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Business Name / Ref #:
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Location:
Wee Waa
NSW
Asking Price:
$399,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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Motel - Freehold - Lots of potential - GK1034 ListingImage
About this business
Motel - Freehold - North West NSW - Agent SBX Code Number: GK1034

Freehold Motel with 10 units and 2 bedroom residence. Includes licenced restaurant. Automated check-in machine with contract cleaner. The property has been recently refurbished with floating floor, new carpet, painting and a solar system with a 10kw battery. - Currently leased for $500 per week + all outgoings.

Potential
There is currently no on site owner/operator and the restaurant is not presently operating. Owner operator will improve income significantly. Increase room rates if operated/managed.

Features
Freehold with lots of potential. - Great investment.

Premises
This business has an area of 1300 sq. mts.

Location
Tamworth/Inverell District. Country Motel on main hwy.

Trading Hours
5 days

Lease
Freehold - 3 + 3 year lease commenced March 2019, 6 week bond, annual increases CPI.

Employees
1 casual

Comments
The owner is currently leasing the business to an operator with a 3 x 3 year lease.

Figures
Weekly Sales $500
Rent (ex GST) $0
Wages $0
Profit $500


Agent SBX Code Number: GK1034 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$399,000

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