Listing status: Inactive
Reason: --
Adelaide CBD Apartment Hotel
Adelaide CBD Apartment Hotel
Industry :
Accommodation/TourismSub Industry :
HotelABOUT THE BUSINESS:
Opportunity of a Lifetime: Own a Thriving Apartment Hotel in Adelaide's CBD!
Unlock your entrepreneurial dreams with this rare chance to acquire a highly successful and established apartment hotel business in the heart of Adelaide, South Australia.
This exceptional serviced apartment business boasts a range of accommodations, including studio, one-bedroom, and two-bedroom apartments. Each apartment is thoughtfully designed with fully equipped kitchens, modern bathrooms, laundry facilities, guest Wi-Fi internet access, and quality furniture and fittings, ensuring a delightful experience for every guest.
With a solid reputation and a loyal customer base, this business is a proven success. Capitalize on the corporate travellers, flourishing tourism industry and enjoy consistent returns year-round.
Situated in the bustling CBD, your guests will revel in the convenience of being just moments away from where they do business, premier dining, shopping, and entertainment destinations. Adelaide's vibrant culture and attractions will keep visitors returning again and again.
Don't miss out on this incredible investment opportunity. Take the reins of this thriving apartment hotel business and enjoy the rewards of owning a prestigious hotel franchise in the Adelaide's CBD. Contact us today to make your entrepreneurial dreams a reality!
KEY FEATURES AND BENEFITS:
• Offered for sale at $5,200,000 ex GST
• Adjusted Operating Profit for rolling 12 months (April 2022- March 2023) – circa $1.5m
• Broad range of apartments which are spacious and all with quality fixture & fittings and separate cooking facilities.
• Prime location with high visibility building and signage with excellent amenities.
• Loyal corporate and leisure guests.
• Opportunities for growth
• Fully trained staff.
Key Economic Drivers include;
• Business Travel to Major Companies in Area.
• Conferences – Adelaide Convention Centre.
• Hospitals – Patients and Family.
• Sporting Events
• Major Concerts – Adelaide Oval and
• Entertainment Centre.
• Stage Productions – Her Majesty Theatre and
• Festival Centre.
• Events & Carnivals – Adelaide Showgrounds.
Contact us NOW for a fast response – complete the enquiry section on this page!
Otti Faska
0411965531
otti@finnbusinesssales.com.au
Finn Business Sales
www.thefinngroup.com.au
1300 535 932
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$5,200,000
Enquire about this business
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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