For Sale $1,875,000
SBX Business Brokers

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

Food/Hospitality for sale

QLD

For Sale $1,875,000

Business Details

Motel - Freehold - Gold Coast Queensland

Motel - Freehold - Gold Coast Queensland - Agent SBX Code Number: TQJ1021 Motel with 8 rooms - 3 of those being large family rooms. Tastefully renovated building, stylish modern rooms, swimming pool. Owners unit with commercial kitchen. Potential There is potential to put a restaurant or cafe in the managers unit. - Could further develop the site to a 6 storey building in the future. Features Main highway great location. Easy to run. Best looking motel in the area. Premises This freehold has an area of 880 sq. mts. Location Situated on main Gold Coast Highway close to popular beach. Trading Hours 7 days - 8 a.m. - 8 p.m. Lease Freehold Employees 1 owner Comments This is a solid cashflow business requiring minimal effort to run with capital gains in the future. - This is a cash up front business with 95% being pre-paid through online booking agents. Figures Weekly Sales $3500 Rent (ex GST) $0 Wages $0 Profit $3100
Agent SBX Code Number: TQJ1021 - 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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