Portland, Victoria

REMARKABLE BUSINESS OPPORTUNITY GEM IN PORTLAND - 2349ML

SOLD

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

Marketing Agent

Andrew Cronin

0433 09....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. The business is located in Portland, a popular coastal town in Victoria, making it an attractive destination for visitors year-round.

2. The business includes 22 units, including 7 self-contained apartments, providing a variety of accommodation options for guests.

3. The business is part of the successful Golden Chain motel chain, providing a strong brand and marketing support.

4. The business has a 3-bedroom residence with an outdoor area and garage, providing a comfortable living space for the owner.

5. The business has plenty of car parking, including space for large vehicles, making it convenient for guests with different transportation needs.

6. The business has a net profit of $252,236 for the 2022/23 financial year, providing a lucrative opportunity for potential buyers.

7. The business is ideal for a family to run, with house-keeping staff already in place.

8. The lease still has 20 years remaining, providing long-term stability and potential for growth.

9. The location of the business, in the heart of Portland, provides easy access to the town's attractions and amenities.

10. Portland is a diverse town with a range of industries, providing potential for business growth and development.