Motel Massive 48 % ROI, Under Contract $700K T/O

ADJUSTED NET $126,782 Asking $265,000,20 year lease

Exciting opportunity at a low in going bargain purchase price with the security of a 20 year lease, this well built , solid 31 unit B &B motel is in the Launceston CBD and offers a lot of upside.

Offering outstanding views over Launceston, the North Esk River, the historic Glebe and the hills and Tamar River in the distance. Generating a T/O in excess of $700,000 with an occupancy of approximately 58%, coupled with the advantages of creating your own WEB site, this motel has enormous potential to improve the bottom line.

A once in a life time opportunity, a chance to set yourself up.

A good operator could substantially increase the value of the leasehold business upon resale. Allow me to explain and provide you with some examples in person.

Listing #13815

Broker: Paul Scott

To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/13815

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.