Motel - Freehold - Country North West
\nMotel - Freehold - Country North West - Agent SBX Code Number: GK1034
Freehold Motel with 10 units and 2 bedroom residence. Includes licenced restaurant. Automated check-in machine with contract cleaner. Besser block construction, newly painted, new fencing and new carpet in restaurant. - Currently leased for $500 per week + all outgoings.
There is currently no on site owner/operator and the restaurant is not presently operating. Owner operator will improve income significantly. Increase room rates if operated/managed.
Freehold with lots of potential. - Great investment.
This business has an area of 1300 sq. mts.
Tamworth/Inverell District. Country Motel on main hwy.
Freehold - 3 + 3 year lease commenced Sept. 2016
The owner is currently leasing the business to an operator, however, the lease can be terminated.
Weekly Sales $550
Rent (ex GST) $0
Agent SBX Code Number: GK1034 - SBX Business Brokers
- Last Updated January 2019
- Business Category Food/Hospitality
- Business Sub Category Takeaway Food
- Business Ownership Freehold
- Lease Options 2 x 5 years
- Floor Area Retail Office 50.00
- Lease Basis Of Rent Review CPI Annually
- Value Of Work In Progress $1000
- Written Down Plant Equipment 10000
- Equipment Lease Hire Purchase 20000
- Wages Proprietors Family $20000
- Wages Staff $20000
- Earnings Before Interest Tax 4% p.a.
- Debtors $5000
- Creditors $5000
- Business Selling Price $380000
- Trading Hours 5 days
- Operating Days 5.5
- Number Of Staff Members 5
- Buying Group Acme medical
- Licenses And Permits Medical centre
- Licenses And Permits Acme accountants
- Solicitor Details Acme solicitors
- Name Tradmarks IP Transferable YES
- Copy Of Menu Services YES
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065