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Accommodation & Tourism business for sale in Shepparton

  • Accommodation & Tourism
  • Serviced Apartments Business Shepparton VIC 3630
  • $475,000 No GST Plus Stock

High-end serviced apartments operation

- 18 Beautifully presented apartments
- Freehold available for 8 properties (by negotiation)
- Easy and efficient operation
- Opportunity for further growth
- Well established; operating for almost 20 years

This high-end serviced apartment business was first established in 2003 and acquired by the current owner in 2014. The business is comprised of 18 beautifully presented, high-end serviced apartments. Eight of the freehold properties are available for sale by negotiation. The business leases the other 10 apartments.

Ideally located in 7 separate residential areas, each of the 18 apartments are situated close to the central business district, providing guests with convenience and privacy.

A number of systems have been implemented to ensure easy and efficient operation. The current owner works 15 hours per week managing the day to day running of the business; including booking enquiries, accounts, SEO marketing and scheduling. Two staff are employed to perform the cleaning and other duties as required.

The business service a broad market ranging from families, couples and individuals, corporate travelers, conference attendees, groups, sales reps and holiday makers.

Well established and poised for further expansion, there is limited high end accommodation in the Shepparton area creating a fantastic opportunity for growth. The business's investment in search engine optimisation marketing has significantly increased bookings and the business has had to at times, turn guests away.

This is a fantastic opportunity to expand on the business's property portfolio and to further grow the business.

John Evans
NAI Harcourts Rinnovate Business Brokers
John Evans
NAI Harcourts Rinnovate Business Brokers

Business Highlights

Business ID2016879451
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Last updated  26 Mar 2021
Map for Serviced Apartments Business Shepparton VIC 3630
Map for Serviced Apartments Business Shepparton VIC 3630Serviced Apartments Business Shepparton VIC 3630
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John Evans
NAI Harcourts Rinnovate Business Brokers
John Evans
NAI Harcourts Rinnovate Business Brokers

Business Highlights

Business ID2016879451
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  26 Mar 2021
NAI Harcourts Rinnovate Business Brokers
196 Corio Street Shepparton VIC 3630
John Evans
NAI Harcourts Rinnovate Business Brokers
John Evans
NAI Harcourts Rinnovate Business Brokers

Ask John Evans about this business

John Evans

John Evans

NAI Harcourts Rinnovate Business Brokers

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0417 668 508
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