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Posted 30/03/2020 in Accommodation by ABBA Group

Boarding House, Airbnb, 15 rooms & Cafe Sydney CBD | ID: 895

Ultimo NSW 2007, Australia
$99,000.00 Tourism / Business For Sale
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Opportunity to own and run 2 levels, 15 rooms Airbnb, boarding House business.

This business comes with Cafe Business included downstairs. Currently, runs under management but can be run as an owner-operator to improve on profit.

All booking is currently taken by Airbnb sites and easy to run and operate.

Description:

  • Only opened 12 months ago with a newly renovated look
  • Quality new furniture throughout
  • Spacious rooms and modern bathroom
  • Rooms can be rented individually or as a whole floor for larger groups or families
  • Suited for corporate, interstate, inbound and overseas travellers
  • Rental history and future bookings can be viewed on the Airbnb management site for serious buyer

Features:

  • Generated close to $900,000 in T/O in the last 12 months - room to improve
  • 9 years Lease remaining
  • Located close to CBD, public transport
  • Fully renovated recently
  • Long lease remaining
  • 2 level, 2 kitchens, 15 rooms
  • Airbnb approved and in operation
  • Cafe business is included - can be run together or separately
  • Cafe sells 18kg of coffee per week - very profitable business itself

OPPORTUNITIES:

  • Utilise cafe included in sales for Room Services or breakfast bundles
  • Advertise on Booking.com
  • More promotions required and package deals

 

The business, ID: 895 Air BNB, Boarding House & Cafe which you recently enquired about has a change in status/condition of sales.

As the current business owner urgently needs to relocate overseas, the landlord is now accepting new tenancy applications.

The conditions will be as follows:

• EOI (Expression of Interest)
• NO Upfront fee (ie. no purchase price)
• Fully fitted out café and 15 room boarding house
• 2 level boarding house business (15 Rooms) & cafe business on the ground level
• Term of 5+5 years new lease
• $6,000 + GST per week rent ($5,000 for boarding house & $1000 for Cafe) - REDUCED
• Landlord to offer an additional $1,000 + GST per week rent reduction for the first 6 months to assist in growing your business
• 12 weeks Bond/Bank Guarantee

This is a great opportunity to start your business with no upfront cost.

If you are serious and interested in putting in your application for a tenancy, please don’t hesitate to email me or contact me directly to enquire further.

 

If you like to know more about the Business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-895

or visit our Website www.abbabusinesssales.com.au and use the reference #895 to search for the business.

 


Posted By

ABBA Group

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Business Broker
Member since 02/03/2020

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Listing Details

  • Asking Price
  • $99,000.00
  • Price Comments
  • Contact Broker
  • Status
  • Business For Sale
  • Business Type
  • Tourism