Central West NSW
NSW
$575,000
Hotel - Accommodation - MotelPrice: $349,850Net Profit: $3,822 |
Visit this listing at https://www.sbx.com.au/business?id=FMT1040 |
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Business Code: FMT1040 Key Features: Hotel - Motel - Accommodation Nett $3822 pw Lease until 2032 - Darlinghurst Nsw State: NSW Suburb: Darlinghurst, 2010 Location: Prime location situated only 10 mins. away from Sydney CBD. DescriptionHotel - Motel - Accommodation including a Retro town house style 3 - star boutique hotel with 2 street-front entrances and 16 rooms in total. - 2 floors from the main entrance has 5 rooms, 2 floors from the second entrance has 3 rooms. - 5 room styles, all with en-suite bathroom, luxuriously and artistically furnished with room sizes varying from 10 to 22 sq.meters. Occupancy stays around 90% throughout the year. - Providing no facilities other than rooms which enables low costs and simple management. The business is not dependent on international travellers for its business. Summary
Weekly SummaryWeekly Takings (inc GST)$12,500Cost of Goods$500Gross Profit$12,000Rent$6,818Wages$1,000Outgoings$37Telephone$15Insurance$67Electricity$140Gas$83Misc1$18Misc2$28Total Expenses$8,178Estimated Stock (Additional)$5,000Net Profit$3,822Price$349,850 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Hotel - Accommodation - Motel
Business Code: FMT1040
Price: $349,850
+ Estimated SAV $5,000
Key Features: Hotel - Motel - Accommodation Nett $3822 pw Lease until 2032 - Darlinghurst Nsw
State: NSW
Suburb: Darlinghurst, 2010
Location: Prime location situated only 10 mins. away from Sydney CBD.
Description
Hotel - Motel - Accommodation including a Retro town house style 3 - star boutique hotel with 2 street-front entrances and 16 rooms in total. - 2 floors from the main entrance has 5 rooms, 2 floors from the second entrance has 3 rooms. - 5 room styles, all with en-suite bathroom, luxuriously and artistically furnished with room sizes varying from 10 to 22 sq.meters. Occupancy stays around 90% throughout the year. - Providing no facilities other than rooms which enables low costs and simple management. The business is not dependent on international travellers for its business.
Summary
- Features: Beautifully restored and renovated in 2017 - Historical Sydney City townhouse style property. - Very well maintained High occupancy rate.Can be run under full management -
- Potential: To do more marketing.
- Premises: Retro style 4 storey brick and concrete construction boutique hotel with a total area of 470 sq.mts.
- Trading Hours: 7 days. - 8 a.m. to 4 p.m.
- Lease: 7 year lease commenced February, 2017 + 8 years option. - 4% increases - 1 month bond.
- Employees: One owner + 1 receptionist + 1 cleaner
- Sale Reason: Other business interests..
- Comments: The owner works only on 5 week days 8 a.m to 4 p.m - One receptionist works 8 a.m. - 4 p.m. on weekends- 1 cleaner works 35 hours a week cleaning only.
Last renovated in 2017 and cost over $400,000.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$12,500
Cost of Goods
$500
Gross Profit
$12,000
Rent (ex GST)
$6,818
Wages
$1,000
Outgoings
$37
Telephone
$15
Insurance
$67
Electricity
$140
Gas
$83
Misc1
$18
Misc2
$28
Total Expenses
$8,178
Estimated Stock (Additional)
$5,000
Net Profit
$3,822
Price
$349,850
+ Estimated SAV $5,000
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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.
