Business NO.:
3325818
Status:
Active
Price:
$3,250,000
Plus SAV:
Yes
Updated on:
13/05/2021
Business Features:
Visa (Immigration)
Suits those looking to migrate to Australia on a business visa. Read more about owning a business to meet visa requirements
Investment (Fully-managed)
Comes fully-managed, so you invest money but not your time. Find out more about the difference between managed and non-managed investments.

Popular hotel in regional Victoria

Hotel | Business for Sale | Victoria

This independent accommodation business is located in an unbeatable location in one of Victoria's' fastest-growing regional cities.

4.5-star ratings and luxury rooms with a fully functional restaurant.

Weekly rent just $11,000+GST and a long lease available for 30 years.

Landlord is planning to add another 18 rooms to the property by the end of 2023.

Currently turning over $2,700,000 per annum.

Average net profit $850,000 p.a (excluding Covid-19 lockdown)

Due to the large number of development projects in the area, projected net profit for 2022 financial year is as high as $1,100,000

Vendor expecting $3,250,000

*Note: Along with signed NDAs, interested Purchasers must provide to the Agent proof of their financial ability from a Certified Practicing Accountant (CPA) that the Purchaser has the financial ability to consummate the transaction at the advertised price.

For more details, please email broker or call agents.


Her Majesty’s Business Centre Suite 1, 54 Davis Avenue, South Yarra, VIC 3141