Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Have Every Fifth Week Off!

LISTING DETAILS
Firms For Sale ID:
31701
Vendor reference:
15470
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$230,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
One of Tokoroaâ?? original Motels sitting proudly on an elevated site just off the main road within five minutes walking distance from the town centre.

Current owners work four weeks on and have every fifth week off.

Turnover for 2012 year was $191,732 with a net surplus of $63,861.

15 rooms, ideal for a husband and wife team to manage.
Good storage throughout, big laundry facility and a large well equipped communal kitchen, ideal for group dining or meetings.
Swimming pool and plenty of parking.

Recently repainted exterior, this Motel has been well maintained and remains the Motel of choice by the many returning contractors from various companies, truckers and guests visiting Tokoroa for sporting events, likely to increase with the recent opening of the new events centre.

The ownerâ??s accommodation consists of 3 double bedrooms, bathroom with toilet and separate kitchen just off the cosy lounge and dining room providing access into the conveniently located reception area.

16 year lease and an annual rent of $58,000 plus GST
The landlord has also confirmed a right of renewal is available to the next purchaser at a nominal fee.

Please call for further information or complete the online confidentiality agreement.