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Motel For Sale - Fully Refurbished

New South Wales, Australia
Asking Price:
$525,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description: Fully refurbished, well built and maintained. Currently owner operated as lifestyle business. A little TLC could make this a tidy little operation filled with character. Improvements to marketing would improve trade.

Star Standard: 3.5 star

Construction: Brick single storey with brick partitions and tile roof. 8 Units and 1 x 2 Bedroom Cottage. Various sizes and configuration. All units have microwave ovens and cottage has full cooking facilities.

Age: Unknown

Clientele: Workers, Tradies, Passing Trade

Tariffs: Single $75- $90; Double $75-$90; Family $150; Extra Person $10

Chain Affiliation: No

Lease: No

Laundry: Light Commercial - Linen laundered on site. 2 Plus changes of linen in excellent condition.

Restaurant: No

Services: Continental breakfast, reverse cycle air conditioning, microwave ovens in units, full cooking facilities in cottage, parking outside units, barbecue, fire rated.

Turnover: 2018/19$92,224; 2017/18$80,995; 2016/17$87,097; 2015/16$86,645

Residence: 3 bedrooms, share kitchen, lounge, dining, laundry, linen store, private yard. Built 105 years ago as a doctor's residence. Very well built with plenty of character.

Comment: Plenty of room to grow this business. Genuine vendors ready to retire. All reasonable offers considered.

MQ Property ID:

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