Established Rooming house rental business – Brisbane area

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Description

Located in Brisbane, 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 9 years and currently works with approximately 9 staff members supporting daily operations and service delivery. Annual revenue is reported at approximately $588,000 with estimated net profit around $151,000. Opportunities may exist to grow the business by targeting additional clients or introducing complementary services. With established routines and a known customer base, a new owner could focus on growth rather than setup.

  • Repeat customer base
  • Simple operational structure
  • Reliable supplier relationships
  • Established local reputation
Reason for Sale
Owner focusing on another project in a different industry.

Financials

Annual Revenue
$
588000
Years Operating
9
Number of Employees
9
Owner Involvement
Owner Operator

Location

Contact Listings Owner Form