For Sale $315,000
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 $315,000

Business Details

Motel - Leasehold - North West N.S.W.

\nMotel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1182

Leasehold underground motel that services a constant inflow of individual visitors and bus and group tours. - Accommodation consists of 30 underground rooms, 3 of which have outside access, 2 rooms topside of which 1 is ensuite with courtyard, and staff quarters sleeping 8 with kitchen and 2 bathrooms. - Managers residence comprises 3 bedrooms, kitchen, bathroom and open living area. - The residence opens onto a large covered area suitable for parking and storage. - A licensed bar and restaurant, each holding 75 people are popular, along with conference facilities for 25. - Guests are also catered for with a games room, pool and BBQ area.

Potential
Target overseas travel groups. Upgrade social media presence.

Features
Great return on investment. -Tours and Coach bookings up to 18 months in advance. - Unique experience.-Well maintained.

Premises
Mainly underground premises that were hand jackhammered to present an extraordinary experience.

Location
Destination point featuring opal mining, with good road access in Far North West NSW.

Trading Hours
As required.

Lease
New lease available 5 + 5 + 5 + 5 + 5 years. - C.P.I.increases - 3 month rental bond

Employees
1 owner. + 2 permanents. + 3 casuals.

Comments
Freehold available for $1,050,000 - Motel is supplied weekly. LPG storage 3 tonne capacity. Mains electricity with 55kva standby generator.- Water supply from nearby reservoir.- Sewerage system is on site with 2 pits and settling ponds. - Misc 1 - Cleaning. - Misc 2 - Freight and cartage. - Bookings commission is not included. - Laundry done on site with 2 x 25 kg washing machines, 2 x 25kg gas fired dryers and 1 x 35 kg dryer.

Figures
Weekly Sales $12850
Rent (ex GST) $2000
Wages $2800
Profit $4185

Agent SBX Code Number: CB1182 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $6615
  • Business Selling Price: $315000
  • Trading Hours: As required.
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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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