Visit this listing at https://www.sbx.com.au/business?id=CB1142

Business Code: CB1142

Key Features: Profit $2,570 pw - Motel - Leasehold - Near Dubbo NSW - 26 Airconditioned Units

State: NSW

Suburb: Tomingley, 2869

Location: Major highway position close to large regional city and smaller towns.

Description

Leasehold motel with 26 air conditioned units and separate residence and office. - The units have been updated, have ensuites, are well proportioned, and include digital HDTV, tea and coffee making facilities, microwave oven and bar fridge. - An excellent 9m x 4m pool, with nice shade areas, is a feature with guest BBQ well utilised.

Summary

  • Features: Strong passing traffic. - Very well presented and maintained. - Good repeat business.
  • Potential: Could erect outside terrace addition for the provision of meals. - Install solar panels (3KW). - New gold mine and rare earths development operating 3 kms. from motel.
  • Premises: Single storey brick motel premises with excellent 3 bedroom brick residence and a total area of 5200 sq. mts.
  • Trading Hours: As required.
  • Lease: Current lease commenced 2003 - Expired 2018 + 5 + 5 years. -C.P.I. increases.
  • Employees: 2 owners.
  • Comments: Austar is available but not connected. - The HWS has been upgraded to heat pump system. - Water is available from town dam, and is further filtered by motel filtration system. - Meals are available from adjoining hotel.- Income is g.s.t. inclusive.-

Weekly Summary

Weekly Takings (inc GST)

$4,600

Cost of Goods

$50

Gross Profit

$4,550

Rent

$1,540

Outgoings

$55

Telephone

$50

Insurance

$140

Electricity

$195

Total Expenses

$1,980

Equipment (Included)

$75,000

Net Profit

$2,570

Price

$127,500

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Motel - Leasehold

Business Code: CB1142
Price: $127,500

Key Features: Profit $2,570 pw - Motel - Leasehold - Near Dubbo NSW - 26 Airconditioned Units

State: NSW

Suburb: Tomingley, 2869

Location: Major highway position close to large regional city and smaller towns.

Description

Leasehold motel with 26 air conditioned units and separate residence and office. - The units have been updated, have ensuites, are well proportioned, and include digital HDTV, tea and coffee making facilities, microwave oven and bar fridge. - An excellent 9m x 4m pool, with nice shade areas, is a feature with guest BBQ well utilised.

Summary

  • Features: Strong passing traffic. - Very well presented and maintained. - Good repeat business.
  • Potential: Could erect outside terrace addition for the provision of meals. - Install solar panels (3KW). - New gold mine and rare earths development operating 3 kms. from motel.
  • Premises: Single storey brick motel premises with excellent 3 bedroom brick residence and a total area of 5200 sq. mts.
  • Trading Hours: As required.
  • Lease: Current lease commenced 2003 - Expired 2018 + 5 + 5 years. -C.P.I. increases.
  • Employees: 2 owners.
  • Comments: Austar is available but not connected. - The HWS has been upgraded to heat pump system. - Water is available from town dam, and is further filtered by motel filtration system. - Meals are available from adjoining hotel.- Income is g.s.t. inclusive.-

Weekly Summary

Weekly Takings
(inc GST)

$4,600

Cost of Goods

$50

Gross Profit

$4,550

Rent (ex GST)

$1,540

Outgoings

$55

Telephone

$50

Insurance

$140

Electricity

$195

Total Expenses

$1,980

Equipment (Included)

$75,000

Net Profit

$2,570

Price

$127,500

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.