Independent Rooming house rental business servicing Melbourne suburbs

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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 5 years and currently works with approximately 3 staff members supporting daily operations and service delivery.

Annual revenue is reported at approximately $775,000 with estimated net profit around $210,000.

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

With established routines and a known customer base, a new owner could focus on growth rather than setup.

  • Consistent demand throughout the year
  • Opportunity for growth with marketing
  • Simple operational structure
  • Reliable supplier relationships
Reason for Sale
Vendor planning retirement and looking to hand over to a motivated buyer.

Financials

Annual Revenue
$
775000
Years Operating
5
Number of Employees
3
Owner Involvement
Owner Operator

Location

Contact Listings Owner Form