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Hotel business for sale in Ivanhoe

  • Hotel
  • Ivanhoe NSW 2878
  • LEASEHOLD $90,000

Modern Building With Long Term Lease Motel/hotel 70hl

- 10 years commenced August 5th, 2020 with 3 x 10 years options.

- Substantial depreciation.

- A local landmark for the area.

- The old hotel burnt down in late 1995 and this one was built in 1996.

- Service centre for the area and has a constant reliable gathering of locals and tourists alike..

- 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite to make the stay a bit more like home. From October 2024 there are 8 lettable rooms which will increase the bottom line.

- Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

- 30 seat restaurant serving modern Australian cuisine.

- Large landscaped outdoor area with covered areas and bench seating.

- The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

- One bedroom residence onsite with ensuite and air conditioning.

- Guests don't have to go anywhere else to feel right at home.

Net Profit: $91,350 for 2022/23 (as provided by vendor)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 70HL (quote when enquiring)

Property Code: 4972

Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Business Highlights

Business ID2019272513
Floor AreaAsk Business Broker
Category
Last updated  17 Oct 2024
Map for Ivanhoe NSW 2878
Map for Ivanhoe NSW 2878Ivanhoe NSW 2878
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Tourism Brokers
Tourism Brokers
170 Scarborough St
Southport, QLD 4215

Business Highlights

Business ID2019272513
Floor AreaAsk Business Broker
Category
Last updated  17 Oct 2024

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