Portland, Victoria
REMARKABLE BUSINESS OPPORTUNITY GEM IN PORTLAND - 2349ML
LEASEHOLD $750,000
Business Description
- 22 units including 7 self-contained apartments.
- Great business for the family to run with house-keeping staff in place.
- Plenty of car parking including parking for large vehicles.
- 3 bedroom residence with outdoor area and garage.
- Successful chain incorporated motel – Golden Chain.
- 20 years remaining on the lease.
Welcome to an exceptional opportunity to own a thriving business in the heart of Portland, Victoria's charming coastal town. With coastal beauty this is a strategic location that attracts visitors, year-round.
Net Profit: $252,236 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2349ML (quote when enquiring)
Portland is Victoria's first settlement and is one of the best kept secrets. Situated on the far South West Coast of Victoria it is a perfect holiday destination for all. Portland has been a place where industry and natural beauty have had to co-exist. The region is home to a diverse industry base, primarily manufacturing, primary production, community and health services, tourism, education, transport and retail sectors.
Property Code: 4604
Business Summary
Key Investment Insights
1. Strategic location in the heart of Portland, a charming coastal town that attracts visitors year-round.
2. Well-established business with a successful chain incorporated motel – Golden Chain.
3. 22 units including 7 self-contained apartments, providing a variety of accommodation options for guests.
4. Opportunity for a family to run the business with house-keeping staff already in place.
5. Plenty of car parking, including space for large vehicles, making it convenient for guests.
6. 3 bedroom residence with outdoor area and garage, providing onsite accommodation for the owners.
7. 20 years remaining on the lease, providing stability and potential for long-term growth.
8. Net profit of $252,236 projected for 2022/23, demonstrating the profitability of the business.
9. Opportunity for further growth and development, with potential to expand the business and increase profits.
10. Portland is a hidden gem with a diverse industry base, making it an attractive destination for tourists and businesses alike.
