Buy MOTEL-ADELAIDE CBD SOUTH AUSTRALIA
Accommodation/Tourism - Hotel Businesses for Sale in ADELAIDE CBD SOUTH AUSTRALIA 5000, SA, Australia
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| Title: | MOTEL-ADELAIDE CBD SOUTH AUSTRALIA |
| ID Number: | 8330 |
| State: | South Australia (SA) |
| City/Town/Suburb: | ADELAIDE CBD SOUTH AUSTRALIA 5000 |
| Listing Type: | Businesses |
| Categories: | Accommodation/Tourism - Hotel, Accommodation/Tourism - Caravan Park, Small Business - Other |
| Description: | Excellent CBD location. Very easy to run business offering accommodation only. No restaurant. Easily run by husband and wife. Recent quality refurbishment and 20 years of professional promotion ensure consistent cash flow from a broad market with further potential. On site managers' suite or additional suite for letting. Great profit margin. Exceptionally favourable lease over next 25 years. Same owner for 20 years. Some vendor financing available to qualified purchaser, if required.Current owner/manager is willing to assist new owners for some considerable time and may accept a management position. |
| Price: | $ 1,200,000.00 WIWO |
| Exchange Sale: | The vendor of this business will consider an exchange sale. |
| Stock Value: | Upon application |
| Net Profit: | $ 300,000.00 |
| Turnover: | Upon application |
| Lease Terms: | 25 YEARS REMAINING-FAVOURABLE TERMS |
| Rented Area: | 19 UNITS |
| Trading Hours: | 7.30 A.M. TO 6 P.M. |
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