Listing status: Inactive
Reason: --
Leasehold Hotel - Accommodation - Leasehold hotel plus accommodation - TQM1103
Industry :
ProfessionalSub Industry :
BrokerageLeasehold Hotel - Accommodation - QLD Central Coast - Agent SBX Code Number: TQM1103
Leasehold hotel with 12 room accommodation serving lunch and dinner. - A delightful hotel with a single public bar and lounge dining area plus a covered and concreted outdoor area with an entertainment area and caravan park. - Accommodation with basic facilities is provided for highway travellers.
Potential
Huge potential for future trade as town is earmarked for both rail and army improvements .
Features
No competition and well established. - Long lease plus country style client base.
Premises
Older style single storey building in good condition situated on 14000 m2.
Location
Country town close to major highway in Central Coast of Queensland.
Trading Hours
7 days - 10 a.m. till close.
Lease
5 + 5 year lease expires 25/05/2031 - Bond $10,000 plus bank guarantee of $25,000 . - CPI @ 2.5% p/a.
Employees
2 owners + 1 casual chef
Comments
There is also a caravan park for highway travellers at the rear of the hotel which generates $850 p.w. and is included in the takings shown. - This is a rare opportunity to purchase a well established hotel close to the Bruce Highway producing solid returns and excellent prospects for future trade.
Figures
Weekly Sales $12000
Rent (ex GST) $1796
Wages $704
Profit $2350
Agent SBX Code Number: TQM1103 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$350,000
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