Food/Hospitality for sale
Motel - Freehold - Country North West
\nMotel - Freehold - Country North West - Agent SBX Code Number: GK1034
Freehold Motel with 10 units and 2 bedroom residence. Includes licenced restaurant. Automated check-in machine with contract cleaner. Besser block construction, newly painted, new fencing and new carpet in restaurant. - Currently leased for $500 per week + all outgoings.
There is currently no on site owner/operator and the restaurant is not presently operating. Owner operator will improve income significantly. Increase room rates if operated/managed.
Freehold with lots of potential. - Great investment.
This business has an area of 1300 sq. mts.
Tamworth/Inverell District. Country Motel on main hwy.
Freehold - 3 + 3 year lease commenced Sept. 2016
The owner is currently leasing the business to an operator, however, the lease can be terminated.
Weekly Sales $550
Rent (ex GST) $0
Agent SBX Code Number: GK1034 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food
- Business Ownership: Freehold
- Lease Options: 2 x 5 years
- Floor Area Retail Office: 50.00
- Lease Basis Of Rent Review: CPI Annually
- Value Of Work In Progress: $1000
- Written Down Plant Equipment: 10000
- Equipment Lease Hire Purchase: 20000
- Wages Proprietors Family: $20000
- Wages Staff: $20000
- Earnings Before Interest Tax: 4% p.a.
- Debtors: $5000
- Creditors: $5000
- Business Selling Price: $320000
- Trading Hours: 5 days
- Operating Days: 5.5
- Number Of Staff Members: 5
- Buying Group: Acme medical
- Licenses And Permits: Medical centre
- Licenses And Permits: Acme accountants
- Solicitor Details: Acme solicitors
- Name Tradmarks IP Transferable: YES
- Copy Of Menu Services: YES