Accommodation and Tourism
NSW
Price:
$550,000
MOTEL FOR SALE - PROMINENT NEWELL HWY LOCATION
Description: Small freehold B&B motel in prominent Newell Highway location. Quality inspection throughout. Ideal for a couple starting in the motel industry.
Star Standard: 3.5 star
Construction: Double brick single storey units. Colorbond roof and brick partitions. Medium sized units with small to medium bathrooms. Good quality appointments and good paintwork.
Residence: 2 bedrooms, with built-ins, kitchen, lounge/dining, bathroom, shower, 2 toilets, large rumpus room, balcony and carport. Roomy, modern and well kept.
Age: 1987-1990
Clientele: Tourist, passing trade and corporate travellers.
Land Area: 1/2 acre
Tariffs: Single $69- $79; Double $91-$99; Family (4) $135-$145; Extra Person $10-$15
Chain Affiliation: No
Lease: No
Laundry: Two plus changes of Linen in good to new condition, owned and laundered on site.
Restaurant: No
Services: Room service - limited, new reverse cycle air conditioning, 6 microwave ovens, undercover parking, excellent storage areas, fire rated.
Turnover: 2019/20 $90,000; 2018/19 $132,000; 2018 Calendar Year $139,759; 2017/18 Financial Year $119,082
Comment: Very neat, well maintained motel with highway frontage but quiet accommodation. Good family residence - very little, if any, money to be spent. Present owner wishes to retire.
MQ Property ID:
4949640
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Star Standard: 3.5 star
Construction: Double brick single storey units. Colorbond roof and brick partitions. Medium sized units with small to medium bathrooms. Good quality appointments and good paintwork.
Residence: 2 bedrooms, with built-ins, kitchen, lounge/dining, bathroom, shower, 2 toilets, large rumpus room, balcony and carport. Roomy, modern and well kept.
Age: 1987-1990
Clientele: Tourist, passing trade and corporate travellers.
Land Area: 1/2 acre
Tariffs: Single $69- $79; Double $91-$99; Family (4) $135-$145; Extra Person $10-$15
Chain Affiliation: No
Lease: No
Laundry: Two plus changes of Linen in good to new condition, owned and laundered on site.
Restaurant: No
Services: Room service - limited, new reverse cycle air conditioning, 6 microwave ovens, undercover parking, excellent storage areas, fire rated.
Turnover: 2019/20 $90,000; 2018/19 $132,000; 2018 Calendar Year $139,759; 2017/18 Financial Year $119,082
Comment: Very neat, well maintained motel with highway frontage but quiet accommodation. Good family residence - very little, if any, money to be spent. Present owner wishes to retire.
MQ Property ID:
4949640
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Price Suffix abbreviations
P.O.A - Price on Application
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Price:
$550,000
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