Motels for sale & Resorts for sale

 MOTELS FOR SALE WITH BROADWALK BUSINESS BROKERS

 

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Motels for sale, Resorts for sale throughout New South Wales , Queensland & Victoria - Broadwalk Business Brokers are the leading Motels for sale & Resort sales specialist. If you require further information of any Motels for sale please click the enquire button of the Motel and one of our Motel Brokers will contact you with more detail shortly.

 

 

 

Lease Facts

 

 

The standard motel lease includes the purchase of the business, chattels and goodwill. Chattels include all furniture, i.e. beds, tables and chairs etc., soft furnishings, eg., carpet, bedding, light fittings, office and kitchen equipment, and decor items, and all appliances. Ducted air-conditioners (driven by a central motor) usually form part of the building and so are owned by the landlord. Box or split-system air conditioners, which can be removed without major structural alterations, are therefore generally considered part of the chattels.

 

 

The business is yours to market, manage and build for maximum profit and growth. The more business you generate, the more you make. Your landlord receives an agreed annual rental, representing a commercial return on his or her investment.

 

You are responsible for the day to day repairs and maintenance of the land and buildings, including painting, up-keep of hot water systems and centrally ducted air conditioning/heating system, and signs.

 

 

The lessee is also required, under the terms of the lease, to pay council rates, land tax (excluding Queensland) and full insurance.

 

 

Your lease states that the landlord must keep the land and buildings in good order throughout. The landlord is responsible for structural repairs and replacement of fixed items and equipment such as toilet and shower systems, vanity units, built-in cupboards and cabinets.

 

The landlord is responsible for the replacement of items such as hot water cylinders and swimming pool filters (not motors), and any other structural items.

 

 

Brokers Comments on Leasehold Motel Market

A large number of enquiries for leasehold motels, preferably Bed and Breakfast (B&B) have been received for price levels from $150,000 to $1.5 Million. We are now seeing a growing number of inspection and inquiries  by potential purchasers.This is due to our progessive technology base that gives us Worl wide coverage.

 

 

 

 

 

 

 

:: Freehold Motels


Buying a Motel in its Entirety. Ever since motels were first established in Australia in the 1950s, the traditional model of owner-operation has been a mainstay of the industry. While motels are now frequently split into separate leasehold business and freehold investment components, buying a motel in its entirety - as a freehold going concern - remains the preferred option for many operators.

There are considerable advantages to owning and controlling the accommodation business and the freehold land and buildings. For the owner / operator, their motel is both an income generating enterprise and a substantial commercial property asset. It is a home and a business, offering security of employment and investment.

Owning a motel in its entirety requires a substantial commitment, but the owner / operator is secure in the knowledge that they are in command, able to capitalise on the value of their business and property and reap the rewards.

 

 

 

 Brokers Comments Freehold Motel Market

This market has continued to strengthen since with a genuine shortage of good stock with strong returns. Price is still a main factor for demand with the demand for smaller freeholds remaining strong, and this has now spread to the larger motel market. There has been excellent activity with many sales being successfully negotiated on freehold motels in the past 6 months by Broadwalk Business Brokers. Price ranges from $500,000 to $4 Million have been achieved with increasing levels of demand for properties in the higher price brackets.We have buyers waiting for the right Motel.



Brokers Comments Investment Motel Market

Continually a shortage, we have sold a number of properties with Net returns less than 10% with some (few) exceeding. Demand keeps growing and growing for motels that are leased. Supply cannot keep up with demand at present, which has been the case for some time. Long leases with 10% - 11% net returns are proving to be most popular with investors. Good tenants, long leases with good net returns are the investment properties much sought after.

 

 

Broadwalk Business Brokers database, representing a wide spectrum of diverse buyers, from hundreds of geographical areas of  Australia and overseas. These buyers are actively seeking good viable Motels on local, regional and National levels. The Australian federal Government business skills migration scheme has been put in place to entice overseas people to buy businesses throughout Australia . We have a large number of buyers in the immigration market waiting for the right Motel. We also have executives from corporate Australia , Corporations, investment groups and diversified investors and first time buyers.

 

 

 

 

 

 

So, if you are serious about selling your Motel and want to obtain the best possible SALE price, Contact one of our professional Motel Brokers today.

 

 

 

 

 

 MOTELS FOR SALE WITH BROADWALK BUSINESS BROKERS

 

 

 

Motel Brokers, Tourism Brokers, Motels for sale, Motel Sales, Leasehold Motels, Freehold Motels, Resort Brokers

 

 

 

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   Broadwalk Business Brokers

 5 Park Ave "Elders House"

Coffs Harbour NSW 2450

  

Postal Address :

PO Box 2440

Coffs Harbour NSW 2450

  

Contact Numbers: 02 6651 7999       International  61 2 6651 7999

     Fax:                 02 6651 7888       International  61 2 6651 7888

broadwalkbrokers@westnet.com.au