Long Established & Low Overheads Budget Hotel in CBD Ref: 16153
Takings: $22,000 per week approx.
– This excellent leasehold budget hotel has a long standing history, is situated in a Prime location in Melbourne CBD, just 2-minute walk from train station.
– Conveniently located near several top tourist attractions, sporting venues, major hospitals, famous restaurants and cafes.
– 40 well-appointed rooms including double, twin, family rooms and an apartment, catering to diverse clientele which includes, corporate clients, tourists, students, family groups and return customers.
– The hotel features a reception area, rooftop sitting area, guest laundry and kitchen.
– This lovely hotel offers low rent and a long lease , with an easy transfer of Lease, as one landlord owns the whole building.
– This hotel is very easy to operate with its efficient systems already in place, and short working hours. Currently business is operating under semi-management.
– Current owner is retiring after a successful 18 years of operation.
– High occupancy rates and low overheads making it an excellent investment opportunity for buyers entering the accommodation industry.
An opportunity not to be missed!
Asking: $1,900,000
For more information about this listing, please contact the agent below.
Agent: Frank He
Mobile: 0466 184 326
Email: frank@firstchoicebb.com.au
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
www.firstchoicebb.com.au
Phone: (03) 9899 1888
Fax: (03) 9899 4888
