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High Profit Freehold Motel

Business for Sale
Coolgardie Gold Rush Motels
Coolgardie WA

Great opportunity to profit from the increasing gold mining market

Price $2,790,000 Freehold

High Profit Freehold Motel

Stock Included: Yes
Stock Value: 10,000
Years Est:
Gross Revenue: 1,300,000
consist of 2 Motel blocks being 10 and 53 Bayley St Coolgardie.

Motel 1 consists of:
26 Motel rooms being 21 Queen and 5 Queen and a Single.
Reception plus office currently running RMS booking system and Biz-Wiz point of sale.
Licensed restaurant/bar seats 40 persons with an additional al fresco area seating another 30-40 persons, all with modern up to date commercial equipment.
There is a 3 bedroom managers house onsite plus a 1 bedroom apartment currently used by the chef.
Commercial laundry with 2 new 14kg commercial washers and 2 gas dryers. Also has a guest laundry consisting of 2 washers/dryers.
A new 18 kilowatt solar system has just been installed which will half electric bills whilst black out proofing the restaurant.
A vacant block is situated alongside the Motel for further development.

Motel 2 consist of:

15 Queen units
2 guest laundry's with a total of 4 washing machines and 2 dryers
2 storey 3 bedroom/2 bathroom apartment/house upstairs that is rented out when required to contractors
Downstairs is a commercial kitchen and reception area not currently used but could easily be utilsed if required.
This Motel is mainly used for larger contracting companies or as an overflow for the main Motel

Contact Seller

View Broker Profile

Contact: Clive Hood
Phone: 089 480 3200
Mobile: 61400239609
Bsale ID: 214189

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