Accommodation – Hotel – Leasehold

For Sale

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Blue Mountains

Business Code: W1978

$179,000
Key Features: One of the best locations on Blue Mountain. - Close to tourist attraction, but quiet and peaceful. - Easy operation. -Additional income can be generated by utilising the granny flat.
State: NSW
Suburb: Katoomba
Location: Situated in the Blue Mountains close to the busiest tourist attractions of Three Sisters, Echo Point and 15 minutes walk to Scenic World Cable Cars and Katoomba train station.
Premises: This hotel has an area of 3,000 sqm with 12 guest rooms + Manager living area (3 bed rooms, kitchen, bathroom, laundry, storage.)
Price not disclosed

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Private reasons.

Sale Reason

1 year

Established

15 car parking spaces

Parking

1 cleaner (cleaning rooms, changing linen )

Employees

Open 7 days - anytime.

Trading Hours

Open for discussion

Lease

Award winning hotel with 105 years of history . Fully renovated – 12 guest rooms & Interior. Hotel features open wood fires in lounge and dining room, commercial kitchen fully equipped with electric appliances supplies meals to dining room with 12 seats inside and 70 seats out side – (The cafe- restaurant.is operated as a separate business and is not included in the transaction) – Upstairs and ground floor guest accommodation consists of 12 rooms – Each room includes a private en suite bathroom with free wifi, central heating and 34 inch flat screen TV – Room rate is $200 each room. -Free onsite parking is included with all rooms.- New CCTV system is installed. – The net profit and figures shown are projected only after hotel renovation.

Features

One of the best locations on Blue Mountain. - Close to tourist attraction, but quiet and peaceful. - Easy operation. -Additional income can be generated by utilising the granny flat.

Potential

Huge potential for the right person to uplift the business to boutique style hotel for higher income. The granny flat can be used as an office or for manager to stay or set up massage / spa / gym room etc.

Comments

Heritage building with character. - Fully renovated interior, 12 guest rooms with ensuites & Digital locks. 1 staff toilet and 2 public toilets. Electricity is not applied - as per use. $13898 p.w. sales is estimated at 80% of occupation - During Easter and Christmas season could increase room rate is 20% higher. Motivated vendor, Please contact your SBX agent..

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$13898
Cost of Goods
$200
Gross Profit
$13698
Rent
$3150
Wages
$500
Insurance
$301
Total Expenses
$4213
Net Profit
$9485
Price
$179,000
Price
$179,000

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