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Listing ID: 117114

Country Hotel Motel Lifestyle Business For Sale

Mid north South Australia, South Australia, Australia

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: AU$ 380,000

Cash Flow: AU$ 250k to 500k

Business Description

Country Hotel Motel Lifestyle business lease located 2 hours north west of Adelaide, in the mid north of South Australia.
Established since 1863 and current owner since 2009. Good repeat clientel, easy business to operate, perfect for a couple or family. Figures improving year over year. Meals leading to increase in business
good prospects for future growth. Single story hotel with 3 motel units and approval for 5 more units.
Lease terms 5 year option. Rent approx $3,100 per month.

Turnover approx $380,000 + PA.
Owner is moving on for health reasons and will consider offers for the lease around $175,000 + SAV ($15,000)
Freehold also available @ $585,000.

Property Details

Years Established:

1863

Property Type:

Real

FF&E:

AU$ 60,000

Inventory Value:

AU$ 15,000

Other Details

Business Location:

Lochiel, Mid north South Australia

Competition:

some

Expansion Potential:

with growth

Living Accommodation?

Yes
see summary

Operation Details

Employees:

Owners + 4 casuals

Trading Hours:

various

Support & Training:

as required

Miscellaneous

Reason For Selling:

health reasons

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