For Sale $890,000
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 $890,000

Business Details

Motel - Freehold - Investment - South West N.S.W.

\nMotel - Freehold - Investment - South West N.S.W. - Agent SBX Code Number: CB1103

Freehold motel with 18 air conditioned rooms - Fully licensed restaurant and bar, with busy off- license sales from separate area. - Owners residence is well appointed with 3 bd., kitchen, lounge, bathroom and office.

Potential
Continue to develop 18 site caravan park with minimal outlay. - Extend large al fresco area from upstairs restaurant.

Features
Very strong local support. - Well patronised restaurant and bar. - Attractive presentation.- High occupancy rates. - Ideal investment with new 15 year lease + 2 x 5 year options in place.

Premises
Two level brick motel on 5 acres and including landscaped 1000 sq.mt. gardens and pool

Location
Situated in attractive village, with river frontage, in thriving rural area near ACT

Lease
New lease commenced Oct, 2013 - Expires Oct, 2028 x 5 x 5-C.P.I. increases.

Comments
Huge wind farm project planned in vicinity to begin shortly- Large private residential project currently in progress and to continue for some time. - Lessee pays all outgoings. - Investment return on asking price is 9.4%

Figures
Weekly Sales $1582
Rent (ex GST) $0
Wages $0
Profit $1615

Agent SBX Code Number: CB1103 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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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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