Merimbula, New South Wales
LEASEHOLD GEM ON THE NSW SAPPHIRE COAST! - 851ML
LEASEHOLD $1,650,000
Business Description
Boasting a prime central location this property benefits from consistent year-round demand, driven by both robust NSW and Victorian leisure markets.
- Leasehold Opportunity.
- Loyal corporate clientele.
- Reputation for quality.
- Entering a phase of renewed growth.
- High occupancy and healthy turnover.
- 29 room bed and breakfast.
Adjusted Net Profit: $456,402 for 2024/25
Contact Jen Todd from Tourism Brokers for further information or to arrange an inspection.
Property ID: 851ML (quote when enquiring)
Property Code: 5280
Business Summary
Key Investment Insights
1. Leasehold opportunity on the NSW Sapphire Coast, not freehold, offering lower entry cost relative to freehold acquisitions.
2. Prime central location, supporting consistent year-round demand and likely proximity to town amenities and attractions.
3. Demand sourced from both NSW and Victorian leisure markets, indicating a broader catchment and interstate visitation.
4. High occupancy and healthy turnover, demonstrating strong operational performance and revenue stability.
5. Adjusted Net Profit of $456,402 for 2024/25, indicating solid cashflow and attractive current earnings.
6. 29-room bed and breakfast, scale suitable for a small to medium accommodation operator with room for yield management.
7. Loyal corporate clientele, providing a diversified revenue base beyond pure leisure bookings.
8. Reputation for quality, supporting pricing power, repeat business, and positive market positioning.
9. Business is entering a phase of renewed growth, implying upside potential for a new owner to accelerate performance.
10. Tourism Brokers listing with a named contact and property ID, facilitating straightforward enquiry and due diligence.