www.aubizbuysell.com.au/109696
Ad ID: 109696

Motel for Sale Adelaide

Enquire about this "Motel for Sale Adelaide" opportunity on aubizbuysell

Fully under management leasehold motel near Adelaide CBD

Location:
Asking:
$950,000

Why buy this Motel Business

Motel for Sale Adelaide Asking: $950,000

Fully under management leasehold motel near Adelaide CBD
Price: $950,000 WIWO
Business Information:

* Leasehold motel
* Long established more than 30 years
* Long lease for 30 years
* Same owner for nearly 5 years
* Fully under management, manager run the business with staff team
* Accommodation only, easy to manage
* Customer come from 4 online booking platform, own website and repeat customers
* One sublease restaurant is included
* The current owner invested $333,000 to upgrade rooms
* Business keeps on improving during FY2022, the room booking rate was 100% during Easter. Motel industry will back to the previous glory
* If a family of two people run the business, a huge saving of approximately $110,000/a can be added on the current company profit.
* Suit for business immigrant and buyer who would like to work in the business


Please ring Yiling Tang now or send an email to obtain further information.
For more info
Contact: Yiling Tang

Yiling Tang

0412 265 932
Business Brokers Network Australia
Broker Ref: 16128

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