Listed by:

Historical Town Centre
TURNOVER: $220,357 PA (Projected over $260K for this financial year)
OPERATED BY: 1 Lessee (FT) Casuals: 4
ESTABLISHED: 31 Years
Present Owner: 30 Years
Prominent position & exposure on the main road
Motel is set well back from traffic & is extremely quiet
Adjoins club with full restaurant
Occupancy rate is 45% but there is a potential for 65% with good operator
Lessee receives 25% from the turnover from which he pays himself wages, council & water rates and maintenance.
The owner pays insurance
Motel is well renovated
Fast growing turnover, rich country town
Should improve even better with new managers; husband & wife staring in February
#693 10519
Broker: Ray Jason
THE PURCHASER TO MAKE HIS/HER 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.
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