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Bass & Flinders Motor Inn, Excellent Business, Property...

Business for Sale
Ulverstone

Yes this very profitable, low entry cost leasehold motel, has the following standout features Year on year profit and turnover increasing, 28% up in 2020 Whole property in excellent repair and condi

Price $349,000

Bass & Flinders Motor Inn, Excellent Business, Property & Opportunity, Offers over $349,000

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Yes this very profitable, low entry cost leasehold motel, has the following standout features

Year on year profit and turnover increasing, 28% up in 2020

Whole property in excellent repair and condition, with many thousands of dollars spent on improvements in recent years.

Situated on the main entry road into Ulverstone,only motel with main road exposure.

Level site, all ground floor, spacious and comfortable managers quarters adjoining the office/reception, the standout large restaurant, upgraded and stylish in all respects is licensed, has three rooms allowing for functions and separate events, conferrences, etc, well equipped kitchen.

15 units with various configurations, well presented, spotlessly clean with parking at the door.

There is plenty of upside here to further increase the turnover and profitability, subsequently the value of your business.

Offering a 10 year initial term with 4 x 5 year options, with a fair and reasonable rent, being only 14% of projected 2020 turnover.

This motel will not be on the market long, please only serious buyers who are ready to move now.

Contact Tasmania's premier Business Brokers pauls@businessbrokersnetwork.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Contact Seller

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Contact: Paul Scott
Phone: 0477 771 098

Bsale ID: 278576
Agent ID: 7804.4




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