Captains at the Bay. Business and Lease Hold for sale

This highly successful exclusive accommodation business for sale in a premium tourist precinct on the Great Ocean Road. With 11 to 12 accommodation suites only, arguably the most up-market accommodation in Apollo Bay
With a long-term lease, fixtures, furniture & fittings in excellent condition and solid performance with a net profit margin on investment 25% average per annum. This opportunity is begging for the right operator to walk in and start profiting. Year on year growth and high demand following Covid-19 there is so much offering for one lucky buyer.
This Business would suit a first-time operator and/or an experienced business owner looking to partner with existing strong contracts with Online Travel Agents and Inbound operators – and established Booking systems and Channel Manager software programs.
If it wasn’t for the exceptional income produced from this upmarket business you would call it a ‘Lifestyle’ business, being set in the glorious seaside town of Apollo Bay. 200 metres to the Beach, shops, and cafes, within 100s of metres to a couple of great pubs, fine restaurants eateries and take aways.
- Business has been operating for more than 20 years
- Includes all furniture, fittings, commercial kitchen fit out etc.
- 4.5-star accommodation business with a 9.3 Booking.com rating
- Permits in place to turn the spacious dinning and bar area into a restaurant and/or function centre.
- Long standing relationships with key suppliers
- Apollo bay and the Great Ocean Road is one of Australia’s premium tourist locations
- Electric Vehicle Charging station on site.
- Current management is willing to stay on for a hand over period
- Property inspection by appointment only