For Sale $1,200,000
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 $1,200,000

Business Details

Motel - Restaurant - Leasehold. - South West N.S.W.

\nMotel - Restaurant - Leasehold. - South West N.S.W. - Agent SBX Code Number: CB1199

Leasehold motel with 30 air conditioned ensuite rooms providing a wide range of accommodation options. - The spacious rooms are equipped with kitchenette, tea and coffee making facilities, bar fridge, HDTV, Foxtel and free wifi access. - The motel features an attractive 50 seat restaurant, open for the free continental breakfast, bar and 100 seat conference / function room. - Guests have access to BBQ, with under cover outdoor seating and laundry facilities. - Considerable effort has been made to reduce energy costs with upgrades to lighting and power usage.

Potential
Update website. - Install solar panels. - Target Melbourne travellers. - Large windfarm project planned in near future.

Features
Great accommodation options. - Excellent position. - Good demand for functions. -24 hour check-in.

Premises
Double brick, inner and outer walls, single storey premises located on landscaped grounds with a total area of 13780 sq. ts.

Location
Prime location at entry to large South West regional town accessed from main highway and close to Capital city.

Trading Hours
24 hour check-in available.

Lease
Current lease commence Dec.2010 - Expires Dec. 2015 + 5 + 5 + 5 + 5 + 5 years. - C.P.I. increases - 1 month Bond.

Employees
1 Owner + 1 Full time + 5 Casuals

Comments
Miscell. 1 - Laundry is outsourced. - Miscell. 2 - Cleaning expenses. - Trade waste handled by Council collection services. - Security is provided by CCTV coverage. - Ready-cooked meals are available from refrigerated display at reception.- Meets 457 visa employment criteria. - Booking engine commission not included. - Telephone expenses include Foxtel access.

Figures
Weekly Sales $19000
Rent (ex GST) $5100
Wages $3000
Profit $7390

Agent SBX Code Number: CB1199 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $10610
  • Business Selling Price: $1200000
  • Trading Hours: 24 hour check-in available.
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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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