Lakes Entrance, Victoria

A WATERFRONT MONEY MAKING TEN DELIGHTFUL ROOMS - 1846ML

UNDER OFFER

Business Description

Yes - just ten easy to run, well maintained rooms each contributing over $40,000 in annual sales.

Consistently strong holiday and "short stay" bookings, year on year.

Overlooking the water and just a five minute easy walk to main beach and commercial centre.

This is a brand new lease of 30 years. It’s being split off from the freehold that has been operating as a going concern. It is a seriously easy to run operation!

Cunningham Shore has been a secure haven for our vendors who have been raising their family on site over the past 10 years.

It includes a family home with all the expected comforts including three bedrooms (main with ensuite) family bathroom and large shower.

All the hard work has been done! IT’S YOUR TURN.

And a small whisper for today or tomorrow – the freehold ownership may be considered.

Net Profit: $200,060 for 2022/23

Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1846ML (quote when enquiring)

Property Code: 4704

Business Summary

Marketing Agent
Annette Adams
Annette Adams

Reg Partington
Reg Partington

Key Investment Insights

1. The business consists of ten easy to run, well maintained rooms.
2. Each room contributes over $40,000 in annual sales.
3. The business has consistently strong holiday and "short stay" bookings.
4. It is located on the waterfront and is just a five minute walk to the main beach and commercial center.
5. The lease is for a brand new 30 year term.
6. The business is being split off from the freehold, which has been operating as a going concern.
7. The current owners have been running the business for 10 years and have raised their family on site.
8. The property includes a family home with three bedrooms and all expected comforts.
9. The business is ready for a new owner to take over.
10. The freehold ownership may also be considered.
11. The projected net profit for 2022/23 is $200,060.
12. Interested parties can contact Annette Adams and Reg Partington from Tourism Brokers for more information or to arrange an inspection.
13. The property ID for this listing is 1846ML.
14. The property code for this listing is 4704.
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