Visit this listing at https://www.sbx.com.au/business?id=CB1351

Business Code: CB1351

Key Features: Profit $2,730 pw - Lease until 2035 - Waterfront location

State: NSW

Location: Excellent waterfront location in popular large South Coast holiday and business destination with good access from ACT.

Description

Motel - leasehold with 19 air conditioned ensuite rooms which provide a wide range of well priced accommodation options - Each room is well equipped with flat screen TV, access to Foxtel and free wifi, as well as frig, microwave and tea / coffee making facilities - A guest laundry is available - The commercial kitchen is suitable for the preparation of continental breakfast and hot meals - Owner accommodation is well provided for with an upper floor front 3 bedroom unit with balcony overlooking expansive water views - Office / reception area easily accessed from residence - A feature of the location is ease of access to town, cafes, boating and beach facilities.

Summary

  • Features: Waterfront location - Strong return clientelle - Close to all amenities - Well priced - Close to large Club - Easy access.
  • Potential: Re-introduce continental breakfast - Review pricing.
  • Premises: Two separate 2 storey adjoining brick buildings, completed in 1971 and 1990, which have been recently painted.
  • Trading Hours: As required
  • Lease: Current lease commenced 2010 and expires 2035 - C.P.I. Increases.
  • Employees: 2 owners + 1 casual.
  • Comments: Misc.- 1 - Trade waste - Misc.- 2 - Laundry, with sheets outsourced - Income is GST inclusive - Motel laundry equipped with commercial washing machine and gas fired dryer - HWS supplied by large LPG tank - Booking engine commissions not included.

Weekly Summary

Weekly Takings (inc GST)

$7,000

Gross Profit

$7,000

Rent

$3,270

Wages

$125

Outgoings

$240

Telephone

$40

Insurance

$100

Electricity

$200

Gas

$75

Misc1

$20

Misc2

$200

Total Expenses

$4,270

Net Profit

$2,730

Price

$400,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Motel - Leasehold - Waterfront

Business Code: CB1351
Price: $400,000

Key Features: Profit $2,730 pw - Lease until 2035 - Waterfront location

State: NSW

Location: Excellent waterfront location in popular large South Coast holiday and business destination with good access from ACT.

Description

Motel - leasehold with 19 air conditioned ensuite rooms which provide a wide range of well priced accommodation options - Each room is well equipped with flat screen TV, access to Foxtel and free wifi, as well as frig, microwave and tea / coffee making facilities - A guest laundry is available - The commercial kitchen is suitable for the preparation of continental breakfast and hot meals - Owner accommodation is well provided for with an upper floor front 3 bedroom unit with balcony overlooking expansive water views - Office / reception area easily accessed from residence - A feature of the location is ease of access to town, cafes, boating and beach facilities.

Summary

  • Features: Waterfront location - Strong return clientelle - Close to all amenities - Well priced - Close to large Club - Easy access.
  • Potential: Re-introduce continental breakfast - Review pricing.
  • Premises: Two separate 2 storey adjoining brick buildings, completed in 1971 and 1990, which have been recently painted.
  • Trading Hours: As required
  • Lease: Current lease commenced 2010 and expires 2035 - C.P.I. Increases.
  • Employees: 2 owners + 1 casual.
  • Comments: Misc.- 1 - Trade waste - Misc.- 2 - Laundry, with sheets outsourced - Income is GST inclusive - Motel laundry equipped with commercial washing machine and gas fired dryer - HWS supplied by large LPG tank - Booking engine commissions not included.

Weekly Summary

Weekly Takings
(inc GST)

$7,000

Gross Profit

$7,000

Rent (ex GST)

$3,270

Wages

$125

Outgoings

$240

Telephone

$40

Insurance

$100

Electricity

$200

Gas

$75

Misc1

$20

Misc2

$200

Total Expenses

$4,270

Net Profit

$2,730

Price

$400,000

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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.