General Description
3 star plus leasehold motel with 17 rooms comprising 3 storey walk up including 13 doubles, 2 singles, 2 twins all on ground and first floor. Spacious 3 bedroom residence for owners. Includes laundry, spacious well equipped kitchen that services restaurant ( a la carte seating up to 50 guests) and conference room capable of seating 80 people. Established in 1947.
Potential
Huge potential for switched on operators. Restaurant could be increased considerably with conferences and receptions.
Features
Excellent location. Increasing corporate bookings. 3 bedrooms residence attached. Secure business.
Premises
Well presented and also includes owners 3 bedroom residence plus restaurant.
Location
Situated 2 mins. walk to beach. Close to restaurants, University and shopping malls.
Trading Hours
7 days - 8.am to 9.pm
Lease
Commenced March,2009 - 5 x 5 C.P.I. increases.
Employees
1 permanent - 7 casuals - 2 owners
Comments
Full financials and reports available. Excellent long term business opportunity with residence. Priced to sell
|
| Weekly Takings |
$14,038 |
| Cost of Goods |
$ |
| Gross Profit |
$ |
| Rent |
$3,198 |
| Wages |
$ |
| Outgoings |
$ |
| Telephone |
$ |
| Insurance |
$ |
| Electricity |
$ |
| Gas |
$ |
| Misc 1 |
$ |
| Misc 2 |
$ |
| Total Expenses |
$ |
| Nett Profit |
$2,500 |
Price |
$395,000 |
Estimated Stock |
|
| (Additional) |
Equipment |
|
| (Included) |
|
