Food/Hospitality for sale
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.
Update website. - Install solar panels. - Target Melbourne travellers. - Large windfarm project planned in near future.
Great accommodation options. - Excellent position. - Good demand for functions. -24 hour check-in.
Double brick, inner and outer walls, single storey premises located on landscaped grounds with a total area of 13780 sq. ts.
Prime location at entry to large South West regional town accessed from main highway and close to Capital city.
24 hour check-in available.
Current lease commence Dec.2010 - Expires Dec. 2015 + 5 + 5 + 5 + 5 + 5 years. - C.P.I. increases - 1 month Bond.
1 Owner + 1 Full time + 5 Casuals
Miscell. 1 - Laundry is mainly processed in house. - Miscell. 2 - Cleaning expenses. - Trade waste handled by Council collection services. - Income is GST inclusive. 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.
Weekly Sales $21100
Rent (ex GST) $5100
Agent SBX Code Number: CB1199 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Expenses: $10330
- Business Selling Price: $1150000
- Trading Hours: 24 hour check-in available.