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DealProspect/Listings/Hospitality & Tourism

Serviced Accommodation / Guest House - Essendon

Backpackers / Hostel

ActiveHospitality & TourismVictoriaB2C
Asking price
$198,000
Disclosed · AUD
Revenue
$208,000
TTM
Earnings (est.)
~$73,237
Estimated · comparable listings of this type and size · typically within ±25%
Implied multiple (assumed)
~2.7×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

Serviced accommodation and guest house in Essendon offering nine rooms with shared bathroom facilities, close to public transport with on-site parking. The same owner has run the business for ten years, building a strong local reputation and keeping outgoings low. It is being sold due to the vendor's retirement, offering scope for a new operator to grow occupancy and expand the offering.