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Well presented leasehold in Broken Hill with year-on-year growth | Resort Brokers ID : LH008061
$1,150,000
Motel (Leasehold) hospitality, BROKEN HILL NSW
Are you looking for a thriving business ready to walk in and start making money? Resort Brokers introduces the Gateway Motor Inn, a very strong performer that has demonstrated consistent annual growth in motel income, underpinning its viability as a long-term business opportunity. The adjusted net profit of $388,463 further attests to its solid performance.
The motel is very popular with the corporate sector and benefits strongly from repeat clients. Resort facilities include an in-ground swimming pool and private pergola with BBQ.
Dont miss this chance to own a piece of Broken Hills accommodation sector, call Chris Kelly today.
- Immaculately maintained property both internally and externally
- Strategically positioned away from main roads for a serene guest experience
- Features an attractive in-ground swimming pooland pergola with BBQ for guest leisure
- Spacious three-bedroom management residence with a private garden
- Proven track record of consistent income growth year-on-year
- Strong financial performance with an adjusted net profit of $388,463
- Secure leasehold with 20 years remaining on the current lease
- Inspections are by appointment only
Date updated: 01 Dec 2024 22:00:02
More Information
- Total Purchase Price: $1,150,000
- Net Income: $ 309,598
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?