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      Accommodation & Tourism business for sale in Sydney

      • Accommodation & Tourism
      • Sydney NSW 2000
      • $1500000

      TQN1005 - Business For Sale - AccommodationTourism Potential plus

      Motel - Freehold - North Coast N.S.W.
      SBX Business Code: TQN1005
      Freehold motel with 80% average occupancy. - 21 rooms currently in use, with three other rooms used by owner as live-in and storage. - 7 rooms are permanently let with a weekly tariff between $250 - $300. - Other rooms are available nightly for around $75 p.p - Commercial laundry and great kitchen - Colour bond fence surrounds property, with enough parking space for clients at rear of building. - Building could use a paint externally - Owner has a 4 bedroom house for sale next door separate to this transaction.

      Potential
      Motel first opened on Christmas day in 1950 - Needs minor modernisation. - Should commence breakfast. - Add a website and an E tech booking system.

      Features
      Regular client base. - Accommodates governing authorities and visiting personnel regularly.

      Premises
      This business has an area of approx..1706 sq.mts.

      Location
      Great corner location only 3 minutes from town centre and river.

      Trading Hours
      7 days - 8 a.m.- 5 p.m.

      Lease
      Freehold

      Employees
      Owner + 3 casuals on call as required

      Comments
      This business was showing profits in excess of $400,000 per year and there is potential to rebuild the client base to support this.
      Figures
      Weekly Sales $1859
      Rent (ex GST) $0
      Wages $0
      Profit $889

      SBX Business Code: TQN1005

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2011637964

      Last updated

      01 Apr 2018

      Category

      Accommodation & Tourism

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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