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Motel - Leasehold - Established 40 years

Business for Sale
Motel - Leasehold - Established 40 years
NSW

Motel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1217 Motel - leasehold - rated 3.5 star. - Has 13 individual air conditioned rooms available consisting of 2 family + 7...

Price $245,000.00

Motel - Leasehold - Established 40 years

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Motel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1217



Motel - leasehold - rated 3.5 star. - Has 13 individual air conditioned rooms available consisting of 2 family + 7 twin and 4 double room options. - Each room has TV, Austar, fridge, tea/coffee making facilities and free wifi access. - A 3 bedroom air conditioned residence with adjoining office / reception area is available. - Guests have access to a modern salt water pool with gazebo and shaded BBQ area. - A continental breakfast is available and the motel is close to nearby hotel with dining available, and only 2km from town centre.



Potential

Target Facebook. - Install minibar in rooms. - Continue to update rooms.



Features

Strong return client base. - Good pricing. - Great location. - Good return of 38% on investment.



Premises

Single storey air conditioned premises in good condition.



Location

Main highway frontage in thriving large Northwest NSW town in close proximity to major new coal mining developments.



Trading Hours

As required.



Lease

Current lease commenced August, 2011 - expires August, 2016 + 5 + 5 + 5 + 5 years. - C.P.I. increases. - No bond.



Employees

2 owners + 1 casual.



Comments

Miscell. 1 - Laundry. - Miscell. 2 - Austar. -Linen is owned by operators and is outsourced for cleaning. - A new 15w solar panel installation is complete.



Agent SBX Code Number: CB1217 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 102719
SBX ID: CB1217




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