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North Coast - Leasehold
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$690,000.00 |
Listing No: 02265LH |
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Description:An excellent motel in immaculate condition. This property, located in a major centre on the Mid North Coast, enjoys increasing and repeat clientele each year, proving trade reliability. Recent upgrades to the pool area provide patrons with an inviting place to relax and enjoy their stay. This along with a strong 3.5 star rating and chain affiliation gives further proof of the property's high standard in presentation. An intimate dining room provides in house guests with the availability of meals, this being a small part of the turnover as the room service on offer to guests is the normal preference. A comfortable 3 brm residence, in a major centre, a long lease and a healthy income provides the complete package for the prospective purchasers.
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Number of Rooms: Available on request |
Construction:Brick & Tile |
AAA Rating: 3.5 |
Year Built: 1986 |
Residence: Comfortable 3 bedroom residence with lounge dining A/con and own kitchen. Also includes a carport plus workshop and storage.
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Restaurant:Yes – Licenced in house/guests dining room with seating for 20 |
Services:Bbq; Licenced Restaurant; Room Service; Guest Laundry; Pool (salt); Cots-fee |
Meals: Room service; Breakfast; Dinner |
Figures: |
2009 Turnover:
$508,000.00
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NOP:
-
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NAR:
$190,000.00
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2008 Turnover:
$528,000.00
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NOP:
-
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NAR:
-
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2007 Turnover:
$510,000.00
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NOP:
-
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NAR:
-
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(NAR : "Net After Rent" NOP: "Net Operating Profit")
Last Updated: 18 March 2010
Contact: Steve Herington |
Mobile: 0408 537 028 |
Disclaimer: Every effort has been made to provide accurate information as possible. However, New South Wales Motel Brokers is not responsible for mis-statement of facts, errors or omissions. It is recommended that a purchaser to rely on his or her own enquries.
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