Phone: 02 9899 1999
Mobile: 0477 771 098
LINK NSW Sydney Brokerage Pty Ltd
Level 1, 181 Botany Road,
Waterloo, NSW 2017
Phone: 02 9899 1999
Fax: 02 9114 8990
Accommodation/Tourism for sale
Leasehold Hotel - Netting $130K Plus
Showing an excellent return on your investment, your investment basically back in one year. Not requiring a large staff input, to a large degree operated by husband and wife team, large percentage of turn over from the 3 most profitable areas, bar, accommodation and food.
This is a clear example of not having to invest a large sum to get a above average return.
The building is attractive, well kept in excellent order, eye catching as you enter Branxholm, there will only be minor care and maintenance to keep the property in the good condition that it is presently in.
The area is experiencing unprecedented growth from irrigated agriculture, tourism and activity based Mountain bike riding locals,sporting teams and close by industry.
There is plenty of upside to be had, by reinstating several upstairs rooms into accommodation, further promotion, perhaps cafe potential or simply continuing the current good management and improving where there is an opportunity, it certainly has not reached it maximum potential.
With a long lease of 4 x 5 year terms, fair rent, in a one hotel town, a 5 star rating on facebook and best summed up by the owner I enjoy it here so much, I am of two minds as whether to sell or not
Leave your current pressures, forget the boss and come to this country paradise.Sold subject to an investor, being found for the property.
Broker: Paul Scott
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/14376
THE PURCHASER TO MAKE HIS/HER 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.
- Business Category: Accommodation/Tourism
- Business Sub Category: Backpacker/Hostel