This is a unique opportunity to purchase a well known Boutique Hotel in the beautiful Eastern Suburbs of Melbourne.
It’s high exposure main road location ensures consistent bookings and a high number of corporate clients throughout the year, and is within close proximity to several major hospitals and freeways.
This elegant hotel has recently renovated its beautiful 31 rooms, houses superb amenities such as a gym, swimming pool, and sauna, and showcases a sophisticated restaurant that offers breakfast, lunch and dinner.
Key features include:
*Taking $25,000 per week
*Open 7 days per week with a 24 hour reception
*Secure 25 year lease in place
*All processes and procedures already in place
For more information contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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