Accommodation & Tourism business for sale in NSW
- Accommodation & Tourism
- Leasehold $450,000
Motel Leasehold For Sale - One Motel Town
Description: Immaculate property in one motel town. Town centre location. Strong year round trade.
Star Standard: 3-3½ star
Construction: Single level brick and tile with concrete slab foundations and brick wall partitions. Good variation of unit sizes and configurations. Excellent presentation with appointments of high standards. Spotless inspection.
Age: 1975 - 1993 approx.
Clientele: Local workers, passing trade, reps, corp & tourists.
Land Area: Half Acre
Tariffs: Single $95 - $124; Double $106 - $129; Extra Person $12
Chain Affiliation: No
Lease: 20th February 2044.
Rent $97,726.83 inc GST.
Laundry: Domestic heavy duty equipment. Sheets and slips are hired - remainder owned and laundered on site.
Restaurant: 50 seat (closed)
Services: Restaurant (closed), room service, BBQ, ceiling fans and split system reverse cycle air-conditioners, DD phones, parking in front of units, fire rated.
Turnover: 18/19 $393,271; 17/18 $401,184; 16/17 $388,142; 15/16 $383,708; 14/15 $412,855
Occupancy: 60% approx.
Residence: 4 bedroom, 3 with built-ins, kitchen, lounge/dining, 2 bathrooms, carport & private yard. Very good size. Joins reception and back office.
Comment: Only motel in New England town. Central location with increasing trade. Delightful inspection.
MQ Property ID:
To receive updates via your Facebook newsfeed please <a href="http://www.facebook.com/ManentiQuinlan" target="_blank">click here</a>, or visit <a href="http://www.facebook.com/ManentiQuinlan" target="_blank">www.facebook.com/ManentiQuinlan</a> and like our page.
To follow us on Twitter please <a href="http://www.twitter.com/ManentiQuinlan" target="_blank">click here</a> or visit <a href="http://www.twitter.com/ManentiQuinlan" target="_blank">www.twitter.com/ManentiQuinlan</a>
To connect on LinkedIn <a href="http://www.linkedin.com/company/manenti-quinlan-&-associates" target="_blank">click here</a> or visit <a href="http://www.linkedin.com/company/manenti-quinlan-&-associates" target="_blank">http://www.linkedin.com/company/manenti-quinlan-&-associates</a>
|Floor Area||Ask Business Broker|
|Parking||Ask Business Broker|
|Annual return||Ask Business Broker|
|Last updated||2 Oct 2019|
So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.
Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!