08 8361 3074

Motel Poinsettia


Business Description

  • 23 room motel situated in Port Augusta, 320km north of Adelaide.
  • Includes 3 bedroom residence, BBQ area, guest laundry, and has had same owners for 10 years.
  • Easy to run with no restaurant.
  • Good profits and main road location make this rare freehold and business a great opportunity.
  • The freehold property is also available.
David Hutchinson 0414 440 953

Extended Price Information

Goodwill including Plant & Equipment $480,000
Stock at valuation (approx) $3,000
Total Price Leasehold business $483,000
Freehold (optional) $1,150,000

Staff Summary

The motel currently employs 7 casual staff

Lease Summary

New Rent $92,000 per annum + GST
Lease Term 5 years
Lease Commencement Date of Settlement
Right of Renewal 4 x 5 years
Adjustments CPI annually & to market an renewal periods