Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Motel Lease - Priced For Urgent Sale

LISTING DETAILS
Firms For Sale ID:
31758
Vendor reference:
15558
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$180,000  
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
Prominently located on State Highway 1 just 3 minutes from Tokoroa

A pleasant semi-rural 2 acre block set behind a row of lovely mature trees

Showing a 30% return on investment, this is an ideal opportunity for a working couple focused on maximising profit without the need for staff.

22 year lease with an annual rent of $45,000.

11 well presented ground floor units, all with cooking facilities, 3 studioâ??s, 1 one bedroom & 7 two bedroom units, ample parking and a lovely back lawn with communal BBQ area.

Generous 2 storey ownerâ??s accommodation, open plan dining/living & kitchen downstairs leading into the reception area and 4-5 bedrooms and large deck upstairs, well situated for all day sun, ample storage and a spacious workshop for the handyman.

The vendors, of only 11 months, have invested a further $50,000 on refurbishment and sadly due to a sudden change in their personal circumstances are in need of an urgent sale.

Call now for further information or complete an online confidentiality agreement.