Buy Motel - Adelaide CBD
Accommodation/Tourism - Hotel Businesses for Sale in Adelaide, SA, Australia
The following are details of the business or property you selected.
[ Print-Friendly Version | Contact Seller |
Email Me Similar Listings |
Email to a Friend ]
|
|
||||||||||
|
View Visits
|
||||||||||
| Title: | Motel - Adelaide CBD | |||||||||
| ID Number: | 10554 | |||||||||
| State: | South Australia (SA) | |||||||||
| City/Town/Suburb: | ADELAIDE SOUTH AUSTRALIA 5000 | |||||||||
| Listing Type: | Businesses | |||||||||
| Categories: | Accommodation/Tourism - Hotel, Accommodation/Tourism - Caravan Park, Accommodation/Tourism - Hotel | |||||||||
| Description: | ADELAIDE CBD MOTEL-LONG LEASEHOLD Accommodation ONLY- No Restaurant Contract Cleaning Contracted linen Night/Weekend manager Long Lease - 21 years Brilliant location Easily run by one person Your opportunity to secure a rare CBD accommodation business now established for over 25 years. The current retiring owner has operated this business for the past 22+ years. However,whilst the performance of this business has been substantial under owner/management it is now modest under management. It's a Ferrari with flat tyres. If you can only focus on the flat tyres, we are not interested in discussions with you. Depending on your ability and your finances, we are willing to discuss and assist in providing some financing of the purchase but strictly only with interested, entrepreneurial parties who can see the potential to again realise immediately the excellent income under an owner/operated situation and ignore the current performance we are experiencing in contracted management. Our current options are to either resume the management ourselves or to sell the business. Accordingly, only due to the owner’s preference to retire, this opportunity is offered to the right visionary business-experienced purchaser who can see that with their input, they can immediately create a substantial income for themselves and substantially and rapidly increase the value of this business under their owner/management. The property has approx. 20 rooms including night manager’s accommodation, no restaurant and is situated in a prominent location within the CBD. Minimal staffing is required with contract cleaning and contracted night/weekend manager who resides on site. The rent is fair market value with approx. 21 years still to run on the lease. Genuine enquiries will be entertained only from decisive purchasers who have a minimum $300,000 readily available. Please apply in first instance by email to [email protected] supplying your phone number and a brief outline of your ability to perform. We undertake to not waste your time and request that you respect ours. |
|||||||||
| Price: | Upon application | |||||||||
| Exchange Sale: | The vendor of this business will consider an exchange sale. | |||||||||
| Stock Value: | Upon application | |||||||||
| Net Profit: | Upon application | |||||||||
| Turnover: | Upon application | |||||||||
| Lease Terms: | 20+ years | |||||||||
| Trading Hours: | 7 days/nights | |||||||||
|
|
||||||||||
|
||||||||||
