Busy Motel Lease For Sale
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $400000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 1 - 3
Inventory 300000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Business owners will train for handover.
Reason for Sale Want to explore other business opportunities.
Description 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.
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