Doncaster East, Victoria
Exceptional Leasehold of a Luxury Melbourne 4.5-star Boutique Hotel | Resort Brokers ID : LH007907
$999,000
Business Description
ResortBrokers is excited to present an exceptional opportunity to secure the leasehold business of a magnificent 4.5-star Boutique Hotel, only 20 minutes east of Melbourne’s CBD.
Beau Monde International, an elegant, sophisticated boutique hotel and function venue, finished with crystal chandeliers, French windows and majestic gardens is located in the heart of Melbourne’s eastern suburbs, Doncaster.
Since its opening in 1989, Beau Monde International has built a strong and loyal client base. The business has an enviable trading record as a luxurious accommodation hotel offering outstanding facilities for corporate guests, weddings and all other manner of functions.
Beau Monde International should interest an operator experienced in delivering high-quality accommodation, food and beverage, conference and function services.
Rarely do we see leasehold opportunities of this calibre, only 20 minutes from Melbourne’s CBD come to market, so get in quick to secure this incredible opportunity.
Enviable location only 20 minutes from Melbourne CBD
Magnificent 4 ½ star AAA rated all suite Boutique Hotel
Four function rooms catering for Corporate, Weddings, Fucntions and High Teas
Long 20- year tenure with 12-years remaining
Key Staff happy to remain for smooth transition
Excellent mix of accommodation, conferencing, functions and food and beverage income
No increase to rent negotiated since 2019
Strong and loyal client base with repeat business
Fully licensed bar/cafe/restaurant
Inspections by appointment only
Date updated: 26 Nov 2023 22:00:09
Business Summary
Key Investment Insights
1. Prime location: The boutique hotel is located only 20 minutes from Melbourne's CBD, making it easily accessible for guests and providing a desirable location for events and functions.
2. Luxurious accommodation: The hotel is a 4.5-star AAA rated all-suite boutique hotel, offering high-quality and elegant accommodation for guests.
3. Diverse revenue streams: With four function rooms catering to corporate events, weddings, functions, and high teas, as well as a fully licensed bar/cafe/restaurant, the business has multiple sources of income.
4. Long tenure: The leasehold has a long 20-year tenure with 12 years remaining, providing stability and security for the new owner.
5. Experienced staff: The key staff members are happy to remain with the business, ensuring a smooth transition for the new owner.
6. Strong client base: The hotel has a loyal and repeat client base, indicating a high level of customer satisfaction and potential for continued growth.
7. No rent increase: The rent has not been increased since 2019, providing a stable financial outlook for the business.
8. Fully licensed: The business has a fully licensed bar/cafe/restaurant, allowing for additional revenue opportunities.
9. Rare opportunity: Leasehold opportunities of this caliber, only 20 minutes from Melbourne's CBD, are rarely available, making this an exceptional opportunity for the right buyer.
10. Inspections by appointment only: Interested buyers must schedule an appointment to view the property, indicating a high level of interest and demand for the business.