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Hotel business for sale in VIC

  • Hotel
  • VIC
  • $3,250,000 (GST na)

Popular hotel in regional 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.

Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers

Business Highlights

Business ID2017003347
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Last updated  13 May 2021
Map for VIC
Map for VICVIC
Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers

Business Highlights

Business ID2017003347
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  13 May 2021
Everest Commercial Property & Business Brokers
Suite 1, 54 Davis Avenue South Yarra VIC 3141
Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers
Dilun  Pathirana
Everest Commercial Property & Business Brokers
Dilun Pathirana
Everest Commercial Property & Business Brokers
Dilun  Pathirana

Dilun Pathirana

Everest Commercial Property & Business Brokers

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0426291868
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