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Step into the hospitality industry with this well-established Bed and Breakfast located on the outskirts of a bustling township in the renowned McLaren Vale wine region. Offering four luxurious suites, each designed for two adults, this charming property provides a perfect blend of comfort and elegance. Here’s why this business is a great investment:
Luxurious Accommodations: Each suite is equipped with fireplaces and spa baths, ensuring a cozy and relaxing stay for guests. The tariff includes a delicious breakfast.
Prime Location: Situated within walking distance to the main street, guests have easy access to local restaurants, wineries, and shops, enhancing their overall experience.
Flexible Lease Terms: Leasehold rent is $60,260 per annum, with the current lease term expiring in April 2025. There are four additional 2-year renewal options available, providing long-term stability.
Operational 7 Days a Week: The business operates daily or as required, catering to the needs of guests year-round.
Owner-Operated: Run by a husband and wife team who live on-site, ensuring personalized service and attention to detail.
Expansion Opportunities: Significant potential to expand services by incorporating tour operations, bike hire, massage therapy, and food and wine packages.
Stable Performance: Despite the challenges faced by the tourism industry due to Covid-19 and inflation rates, the business has remained stable, benefiting from the popularity of the McLaren Vale wine region and numerous return visitors.
Key Highlights:
Retirement Sale
Run by Management
Unique Business
Home Based
Includes Accommodation
Established over 20 years
Training and Support: The current owners are retiring but will provide two weeks of training and support to ensure a smooth transition for the new owners.
This Bed and Breakfast offers a fantastic opportunity for those looking to invest in a profitable and well-regarded hospitality business with plenty of room for growth.
Want to learn more about this business? Fill out the enquiry form today.
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