Melbourne based Rooming house rental business with loyal customer base

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Description

Located in Melbourne, the business operates as a rooming house rental operation providing accommodation to multiple tenants. Over time it has developed relationships with regular customers and referral sources in the surrounding suburbs. The operation benefits from demand for affordable shared accommodation, helping maintain consistent activity throughout the year.

The business has been operating for around 6 years and currently works with approximately 6 staff members supporting daily operations and service delivery.

Annual revenue is reported at approximately $1,161,000 with estimated net profit around $330,000.

Further growth may come from strengthening online presence and increasing visibility within the local area.

Buyers looking for a manageable operation with repeat customers may find this opportunity attractive.

  • Simple operational structure
  • Consistent demand throughout the year
  • Repeat customer base
  • Reliable supplier relationships
Reason for Sale
Family commitments mean the owner can no longer dedicate the time required.

Financials

Annual Revenue
$
1161000
Years Operating
6
Number of Employees
6
Owner Involvement
Semi Passive

Location

Contact Listings Owner Form