Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $1,500,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $1,500,000

Business Details

Motel - Freehold - North Coast N.S.W.

\nMotel - Freehold - North Coast N.S.W. - Agent SBX Code Number: TQN1005

Freehold motel with 80% average occupancy. - 21 rooms currently in use, with three other rooms used by owner as live-in and storage. - 7 rooms are permanently let with a weekly tariff between $250 - $300. - Other rooms are available nightly for around $75 p.p - Commercial laundry and great kitchen - Colour bond fence surrounds property, with enough parking space for clients at rear of building. - Building could use a paint externally - Owner has a 4 bedroom house for sale next door separate to this transaction.

Potential
Motel first opened on Christmas day in 1950 - Needs minor modernisation. - Should commence breakfast. - Add a website and an E tech booking system.

Features
Regular client base. - Accommodates governing authorities and visiting personnel regularly.

Premises
This business has an area of approx..1706 sq.mts.

Location
Great corner location only 3 minutes from town centre and river.

Trading Hours
7 days - 8 a.m.- 5 p.m.

Lease
Freehold

Employees
Owner + 3 casuals on call as required

Comments
This business was showing profits in excess of $400,000 per year and there is potential to rebuild the client base to support this.

Figures
Weekly Sales $1859
Rent (ex GST) $0
Wages $0
Profit $889

Agent SBX Code Number: TQN1005 - SBX Business Brokers

  • Last Updated May 2017
  • Business Category Food/Hospitality
  • Business Sub Category Takeaway Food
  • Expenses $970
  • Business Selling Price $1500000
  • Trading Hours 7 days - 8 a.m.- 5 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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