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Hotel/motel -- Brunswick -- 1p9353 For Sale

Victoria, Australia
Asking Price:
$1,100,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

For sale: Hotel/Service Apartments business in Brunswick. Located in a busy area with heavy foot traffic and ample parking, this hotel/service apartments business has been under the same ownership for over 10 years. It boasts a loyal base of repeat customers and is equipped with 30 rooms. Most bookings come from Booking.com, Expedia, and its own website. With very high profit margins, this opportunity offers ease of management and rapid turnover.

* Great busy location in Brunswick
* Taking $22,000p/w
* 13 years long secure lease
* Selling price $1,100,000
* With 30 rooms
* Same owner for 10 years, very stable business
* Easy to manage and very high profit
* Vendor keen to sell due to retirement