Buy Brisbane City Boutique Bed & Breakfast - Lease for sale
Accommodation/Tourism - Guest House/B&B Businesses for Sale in Spring Hill, QLD, Australia
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| Title: | Brisbane City Boutique Bed & Breakfast - Lease for sale | |||||||||||
| ID Number: | 12165 | |||||||||||
| State: | Queensland (QLD) | |||||||||||
| City/Town/Suburb: | SPRING HILL QUEENSLAND 4000 | |||||||||||
| Listing Type: | Businesses | |||||||||||
| Categories: | Accommodation/Tourism - Guest House/B&B | |||||||||||
| Description: | One Thornbury Boutique Bed and Breakfast – Lease for sale $395,000 Freehold available - $1.45m. Total package - $1.85m (ROI – Minimum 9.5%) • Most successful and highly rated Brisbane city-fringe, heritage old “Queenslander” Bed & Breakfast business. Located within walking distance of the CBD, Brisbane River and all other City places of interest. Owners ready to retire. • Lease period available of 10.5 years (as at June 2017) Offered on a WIWO basis. Freehold also available by separate negotiation. • Outstanding reviews ( rated #2 B&B in Brisbane on Trip Advisor, award of Excellence 2014/15/16 & rated #1 on Trivago) • Easily run by 1 or 2 persons with regular holiday periods factored into yearly schedule providing a very enviable and independent lifestyle. • The property has 6 stylish and well-appointed guest rooms plus a Managers studio for on-site living. • All equipment, fittings and furnishings are of a high standard with nothing further to spend. • Well established international clientele with approximately 70:30 foreign/local guest ratio. • Occupancy rate: 70-75% with high $$$ room-rate average across all year trading. • The lease sale offered is on a WIWO basis with all stock, fittings, equipment, furniture, computer reservation platform, business-name, website, advance bookings (12-months ahead) as well as full training to ensure a smooth transition to a new operator. • Ideally suit active couple seeking a high-end worry-free lifestyle business dealing with 4 ½ star (mostly International) guests from all parts of the world. Benefit from growing occupancy, ability to operate longer periods, and then there is the Commonwealth Games in April 2018. • Please note that full financial details will only be made available to proven bona-fide enquirers at the time of a personal meeting and property inspection, in-depth financials will not be provided via phone or email • Full property details can be viewed at: www.onethornbury.com |
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| Price: | $ 395,000.00 | |||||||||||
| Stock Value: | Upon application | |||||||||||
| Net Profit: | Upon application | |||||||||||
| Turnover: | $ 240,000.00 approx | |||||||||||
| Accounting Figures FY: | 2014/15 | |||||||||||
| Lease Terms: | 10.5 years | |||||||||||
| Rented Area: | Whole of property | |||||||||||
| Trading Hours: | All year | |||||||||||
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