For Sale $1,950,000
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 $1,950,000

Business Details

Motel - Freehold - North Coast

\nMotel - Freehold - North Coast - Agent SBX Code Number: CB1209

Freehold motel - airconditioned with 16 ensuite rooms covering a wide spectrum of accommodation options. - All rooms have balconies, and are equipped with new HDTV, fridge, tea/coffee making facilities, microwave and hairdryer. - Free wifi is available. - Guests have access to 2 undercover BBQs in the extensive landscaped gardens. - Upstairs and downstairs function rooms / dining areas with attached kitchens are utilised for guests, and ideal for future functions and meetings. - Owner has 1 bedroom ensuite unit with lounge and access to upstairs kitchen. A room service breakfast is available, as well as a Continental breakfast in dining room.

Potential
Major upgrade of highway planned to commence in approximately 12 months and last 3-4 years. - Target social media. -More advertising. - Obtain liquor license. - Large new gaol, within 35km distance, approved with contracts to be issued in June 2017

Features
Refurbished to a high standard. - Great highway position with strong potential due to highway upgrade.

Premises
Imposing double brick 2 storey older building recently completely refurbished to a high standard with a total area of 9000 sq. mts.

Location
Main highway position near major North Coast city, next to small service centre.

Trading Hours
As required.

Lease
Freehold.

Employees
2 owners + 2 casuals

Comments
Income is conservatively estimated based on current, and expected figures, and goal construction beginning. -Laundry is equipped with 3 washing machines and electric dryer. - HWS lends itself to heat pump system upgrade. - Figures are based on endor plans to lease out top floor of 8 rooms long term, and lower 8 rooms to short term motel guests.Large in ground pool is installed but currently unavailable due filled in with earth.

Figures
Weekly Sales $4500
Rent (ex GST) $0
Wages $300
Profit $3865

Agent SBX Code Number: CB1209 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $485
  • Business Selling Price: $1950000
  • 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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