Visit this listing at https://www.sbx.com.au/business?id=CB1364

Business Code: CB1364

Key Features: Lake views - Near Dubbo - Profit $2530 pw

State: NSW

Location: Beautifully located fronting large lake at prosperous well established Central West town.

Description

Leasehold motel with a total area of 4,000 sq.mts. - Comprises 12 large air conditioned en suite rooms equipped with coffee / tea making facilities - fridge - microwave - TV and DVD - 7 x deluxe rooms directly access lakefront park - Owner residence is air conditioned and is 3 bedrooms, large lounge, dining room, kitchen, bathroom and laundry - Adjoins reception area - A guest BBQ, free wifi and DVD's are available - Lunch and dinner are available at nearby hotel on a charge-back basis - Recently renewed 3 star rating.

Summary

  • Features: Marvelous location - Good range of accommodation choices - Well maintained - Keen tariff - Regular customer base including preference by Govt employees - Long established.
  • Potential: Introduce website - Target social media - Upgrade to previous 3.5 star rating.
  • Premises: Well maintained full brick units with stand alone reception / owner's residence of 3 bedrooms.
  • Trading Hours: As required.
  • Lease: New 5 year lease + 5 + 5 + 5 + 5 year options - C.P I. increases - Bond 3 months.
  • Employees: 2 owners.
  • Comments: Financial profile based on two owners operating motel - All linen is cleaned in well equipped laundry - Recent upgrade of room air conditioning units - 20 solar panels installed - Baby sitting, guest laundry and pre-booked dinner service available - Pet friendly - Room service available for breakfast - Freehold is available ( see CB1105 ).

Weekly Summary

Weekly Takings (inc GST)

$4,950

Cost of Goods

$490

Gross Profit

$4,460

Rent

$1,250

Outgoings

$90

Telephone

$200

Insurance

$95

Electricity

$180

Gas

$115

Total Expenses

$1,930

Net Profit

$2,530

Price

$275,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Motel - Leasehold

Business Code: CB1364
Price: $275,000

Key Features: Lake views - Near Dubbo - Profit $2530 pw

State: NSW

Location: Beautifully located fronting large lake at prosperous well established Central West town.

Description

Leasehold motel with a total area of 4,000 sq.mts. - Comprises 12 large air conditioned en suite rooms equipped with coffee / tea making facilities - fridge - microwave - TV and DVD - 7 x deluxe rooms directly access lakefront park - Owner residence is air conditioned and is 3 bedrooms, large lounge, dining room, kitchen, bathroom and laundry - Adjoins reception area - A guest BBQ, free wifi and DVD's are available - Lunch and dinner are available at nearby hotel on a charge-back basis - Recently renewed 3 star rating.

Summary

  • Features: Marvelous location - Good range of accommodation choices - Well maintained - Keen tariff - Regular customer base including preference by Govt employees - Long established.
  • Potential: Introduce website - Target social media - Upgrade to previous 3.5 star rating.
  • Premises: Well maintained full brick units with stand alone reception / owner's residence of 3 bedrooms.
  • Trading Hours: As required.
  • Lease: New 5 year lease + 5 + 5 + 5 + 5 year options - C.P I. increases - Bond 3 months.
  • Employees: 2 owners.
  • Comments: Financial profile based on two owners operating motel - All linen is cleaned in well equipped laundry - Recent upgrade of room air conditioning units - 20 solar panels installed - Baby sitting, guest laundry and pre-booked dinner service available - Pet friendly - Room service available for breakfast - Freehold is available ( see CB1105 ).

Weekly Summary

Weekly Takings
(inc GST)

$4,950

Cost of Goods

$490

Gross Profit

$4,460

Rent (ex GST)

$1,250

Outgoings

$90

Telephone

$200

Insurance

$95

Electricity

$180

Gas

$115

Total Expenses

$1,930

Net Profit

$2,530

Price

$275,000

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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.