Price
$900,000 Offers over
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Tasmania, Burnie & North West
Category
Accommodation/Tourism
Listing #
TA00170
LINK Business is pleased to introduce prospective purchasers to an outstanding acquisition opportunity: Burnie by the Bay Apartments.
3D Virtual tour:
https://next-creative.captur3d.io/view/link-business-tasmania/burnie-by-the-bay
Offering self-contained apartments geared towards the discerning holidaymaker, but specifically targeted to the business and corporate traveller client segment, Burnie by the Bay Apartments has cultivated a successful business model.
The business operates with a vision of providing outstanding contemporary accommodation for the astute leisure and business/corporate travellers who seek the ultimate Cradle Coast experience. From Burnie by the Bay Apartments, guests can access Tasmania’s premier tourist landmarks, food and wine locations and the Tarkine.
The business is owner-operated by a husband-and-wife team and has demonstrated stable profitability approaching six years. This profitability has been achieved through high occupancy levels during the business’ high and low seasons, and even more notably during the recent COVID-19 pandemic, with an occupancy of 77% for the past 4 months.
Highlights:
A comprehensive information memorandum has been prepared for this business as well as Accountant prepared financials. An inspection of the business is highly recommended.
For more information, please book a confidential discussion with;
Mark Bent
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
Email: [email protected]
Farzin Hesari
Phone: +61 3 6135 4446
Mobile: +61 0401 009 469
Email: [email protected]
The purchaser to make his/her own investigations and enquiry in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
We look forward to supporting your enquiry.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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