For Sale $320,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $320,000

Business Details

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.

Potential
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.

Features
Freehold with lots of potential. - Great investment.

Premises
This business has an area of 1300 sq. mts.

Location
Tamworth/Inverell District. Country Motel on main hwy.

Trading Hours
5 days

Lease
Freehold - 3 + 3 year lease commenced March, 2015

Employees
1 casual

Comments
The owner is currently leasing the business to an operator, however, the lease can be terminated.

Figures
Weekly Sales $550
Rent (ex GST) $0
Wages $0
Profit $550

Agent SBX Code Number: GK1034 - SBX Business Brokers

Summary »

  • 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
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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