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Tasmanian Motel 55 rooms, turnover 2018 f/y $930,000 and Increasing offers over $250,000

$250,000

Tasmania , Tasmania

Tasmanian Motel 55 rooms, turnover 2018 f/y $930,000 and Increasing offers over $250,000

Excellent value motel, presents well, attractive restaurant

Rent a low 13% of turnover

22 years left on the lease,

Should show a working couple around 100% ROI

Strong possibility of large up turn in the town, capitalize on the Tasmanian Tourism Boom

A rare opportunity, such a large motel, at an entry level in going

Phone the Tasmanian Motel/Hotel Business Broker Specialist Paul Scott 0477 771 098

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate

Features

Motel Information

  • Restaurant Facilities
  • Liquor Licence
  • Restaurant
  • Lease: -

Business Links / Tools

Last updated: 20th September 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Tasmania
State
 Tasmania
Price
$250,000
Category
  • Motel

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Agency

Business Brokers Network

Business Brokers Network

Contact

Paul Scott