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Motel Leasehold - Long Lease - Must Be Sold for Sale

(ID# 596)

Financials

Asking Price: $260,000
Sales Revenue: Undisclosed
Net Profit: Undisclosed

Business Summary

*** Was $360,000 - Now $260,000 - $100,000 PRICE SLASH - MAY CONSIDER EXCHANGE FOR A HOUSE - WE'RE COMMITTED TO A NEW VENTURE*** Buy yourself an income and a lifestyle. Magic on the Murray Beautifully presented and extremely well set-up, this 21 unit motel has a long 26 years left on the lease and an excellent landlord. Strong forward bookings, repeat guests and word of mouth referrals. Check out webpage below for further details and link to website. WE'RE COMMITTED TO OTHER INVESTMENTS AND MUST SELL BY AUGUST. GIVE US A CALL NOW TO INSPECT.

General Information

Employees: 3
Year Established: 25
Trading Hours: 8am - 10pm

Property/Location

Real Estate: Lease
Lease Terms: 26 years remaining

Other Information

Training Support: All policies & procedures documented. Computerised Bookings & PMS. One week full training at settlement.
Reason Selling: Committed to new venture
Website: www.kingswoodmotel.com.au/Sale.htm

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