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Busy Motel Lease For Sale
Location: Australia -> Bourke
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

16 Room Motel and Fully Licensed Restaurant seating 55 people for lease. Buy the business and rent the premises. This business is in busy Outback NSW a desirable tourist destination for australians, international visitors, airline tour groups and coach tour groups. The motel does a huge corporate trade is extremely busy from March to October. This business is for sale for $350 000 and has 23 years remaining on the lease with the annual rent being $86 500. The Motel residence would suit a large family as it has 4 bedrooms, 2 living areas, huge private kitchen, its own laundry and 1.5 bathrooms, private courtyard + the motel office.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $400,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  1970
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Business owners will train for handover.
Reason For Selling:  Want to explore other business opportunities.




Print Listing Id: 700157084
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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