Food/Hospitality for sale
Motel Management Rights- Strata Units -Freehold Available - Gold Coast
\nMotel Management Rights- Strata Units -Freehold Available - Gold Coast - Agent SBX Code Number: S1393
Management rights - Very well maintained 32 apartment block with a mixture of studio and one and two bedrooms. Has a pool and b.b.q. area. Adequate parking and comes with a fully self contained two bedroom residence. Currently maintaining a 70-75 % occupancy rate. Comes with 25 yr management rights. Asking price $550,000 and the managers residence and office asking price $300,000. Also available other units to purchase returning about 7 -8% return. - Has a large pool in complex.
Can be redeveloped and freehold can also be purchased for $10.5 mil.
Beautiful position. - Close to all amentities and large shopping centres. - Also close to Broadwater and beaches. - All units in good condition.
This property has an area of 3500 sq. mts.
Situated on the beautiful Gold Coast and close to all the tourist attractions.
7 days - Mon-Fri - 8.00a.m. to 6pm - Sat - 8.30 to 5pm - Sun - 8.30 to 1pm
One owner operator and 1 employee. Suit husband and wife operators.
An excellent opportunity to obtain a relaxing lifestyle and a good business opportunity as well . Owners wife would stay on if required.
Weekly Sales $8653
Rent (ex GST) $0
Agent SBX Code Number: S1393 - SBX Business Brokers
- 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: $850000
- Trading Hours: 7 days - Mon-Fri - 8.00a.m. to 6pm - Sat - 8.30 to 5pm - Sun - 8.30 to 1pm
- 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