Food/Hospitality for sale
Motel Management Rights- Strata Units -Freehold Available - Gold Coast
\nMotel Management Rights- Strata Units -Freehold Available - Gold Coast - Agent SBX Code Number: S1393
Management rights - Very well maintained 32 apartment block with a mixture of studio and one and two bedrooms. Has a pool and b.b.q. area. Adequate parking and comes with a fully self contained two bedroom residence. Currently maintaining a 70-75 % occupancy rate. Comes with 25 yr management rights. Asking price $550,000 and the managers residence and office asking price $300,000. Also available other units to purchase returning about 7 -8% return. - Has a large pool in complex.
Can be redeveloped and freehold can also be purchased for $10.5 mil.
Beautiful position. Close to all amentities and large shopping centres. Also close to Broadwater and beaches. All units in good condition.
This property has an area of 3500 sq. mts.
Situated on the beautiful Gold Coast and close to all the tourist attractions.
7 days - Mon-Fri - 8.00a.m. to 6pm - Sat - 8.30 to 5pm - Sun - 8.30 to 1pm
One owner operator and 1 employee. Suit husband and wife operators.
An excellent opportunity to obtain a relaxing lifestyle and a good business opportunity as well . Owners wife would stay on if required.
Weekly Sales $8653
Rent (ex GST) $0
Agent SBX Code Number: S1393 - 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: $850000
- Trading Hours: 7 days - Mon-Fri - 8.00a.m. to 6pm - Sat - 8.30 to 5pm - Sun - 8.30 to 1pm
- 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