SBX Business Brokers Phone : 02 9439 ****

Motel - Freehold - Lots of potential

Listing Id : 7834

Location : New South Wales - Wee Waa

Category : Hotel Motel B and B

Asking Price : 399,000

Business description

Motel - Freehold - North West NSW - Agent SBX Code Number: GK1**** **** Freehold Motel with 10 units and 2 bedroom residence. Includes licenced restaurant. Automated check-in machine with contract cleaner. The property has been recently refurbished with floating floor, new carpet, painting and a solar system with a 10kw battery. - Currently leased for $500 per week + all outgoings. Potential There is currently no on site owner/operator and the restaurant is not presently operating. Owner operator will improve income significantly. Increase room rates if operated/managed. Features Freehold with lots of potential. - Great investment. Premises This business has an area of**** **** sq. mts. Location Tamworth/Inverell District. Country Motel on main hwy. Trading Hours 5 days Lease Freehold - 3 + 3 year lease commenced March 2019, 6 week bond, annual increases CPI. Employees 1 casual Comments The owner is currently leasing the business to an operator with a 3 x 3 year lease. Figures Weekly Sales $500 Rent (ex GST) $0 Wages $0 Profit $500 Agent SBX Code Number: GK1**** **** - SBX Business Brokers

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