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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • $4,500,000 (GST na)

Motel For Sale- Regional Service Centre

Description: North Western NSW regional service centre. Large corporate and worker motel with 54 units. Very solid construction. Building in premium condition no movement. Medium to very large units spotlessly maintained. Fully managed business with growth potential.

Star Standard: 3.5 star

Construction: 10x single storey blocks and 2x 2 storey blocks of double brick construction with iron roof and double brick partitions. Variation of unit sizes from 28sqm to 40sqm. 9 units with spa baths, 1 with full spa. Spotlessly maintained.

Residence: 2 bedroom with built-ins, open plan lounge/dining, bathroom, kitchen and carport. Located above reception - bar.

Age: Built 1984

Clientele: Local transit workers, corporate reps, passing trade, tourists, interstate traffic.

Land Area: 6,250sqm approx.

Tariffs: Single $95 - $140; Double $100 - $145; Family (4) $140-$160; Extra Person $15

Chain Affiliation: No

Lease: No

Laundry: Full heavy duty commercial equipment. All linen owned and laundered onsite. Guest Laundry: Yes; coin operated.

Restaurant: Licensed 120 seat restaurant

Services: Room service - Breakfast, reverse cycle air-conditioning, gas BBQ, in-ground pool with separate spa, 15 units with cooking facilities. 2x function rooms with movable partitions (seat 80-100)

Turnover: 01.07.2020 to 31.05.2021 (11 Mths) $945,370.65; 2019/2020 $456,904.54; 2018/2019 $666,902.76; 2017/2018 $918,345.34

Comment: Magnificently built and well planned. All sorts of options available here for an owner operator. This property has been under management for the current owner and the previous owners,

MQ Property ID:
1444204

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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Business Highlights

Business ID2011016297
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Last updated  30 Apr 2019
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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Business Highlights

Business ID2011016297
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  30 Apr 2019
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates

Ask Ray Larkin about this business

Ray Larkin

Ray Larkin

Manenti Quinlan & Associates

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0407 220 116
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