Group Accomm/educational.freehold & Business,gippsland Victoria Sold

Paynesville, Victoria 3880

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Owner-operated business
  • Purpose designed and built
  • Unique coastal location
  • Accommodates up to 150 clients
  • Recently updated and renovated
  • Growth potential with forward bookings
  • Turnover: $Over $2 million
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: 2005

Business Details

Business Category Resort

GROUP ACCOMMODATION/CONFERENCE/EDUCATIONAL. FREEHOLD AND BUSINESS, GIPPSLAND VICTORIA

BUSINESS:

Established since 2005
Currently owner-operated
Purpose designed and built by industry pioneers
The most recent camp built in Victoria and enjoys almost exclusive use of miles of sand and surf.
Its unique position opposite a spectacular ocean beach guarantees that as one of the few Victorian camps with a coastal location that future bookings growth is assured.
Set up to accommodate two groups at a time or for single use if required, the camp can accommodate up to 150 clients in en-suited rooms and during the Covid lockdown the property has undergone a complete update and renovation meaning there is not one cent to spend.
Current trade excludes most weekends and school holidays, so there is an opportunity to greatly expand the turnover. Low staffing levels are required, and the compact site is very easily maintained.
Your imagination will be the only limiting factor in expanding this business.

FREEHOLD PROPERTY:

For the operator there is a very comfortable 3-bedroom family residence on site. The residence has also been updated and renovated including a new gourmet kitchen. The residence is situated in its own private compound with massive 2 car garaging and ample guest or boat storage.

OPPORTUNITY:

The business shows an extremely healthy operating profit with forward bookings of over $2 million and growing with plenty of scope to grow the numbers considerably.
An inspection will reveal a sensational business in an awesome location. Strict confidentiality is required.

Reasons For Selling:

Other Business Venture

          Asking price:    $5,500,000 SOLD

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Australian Business Sales Corporation Australian Business Sales Corporation
Australian Business Sales Corporation Admin
Noel Currie

Bsale ID: 669097