• Australian Business Sellers and Buyers Register

Accommodation and Tourism

Bed and Breakfast Business – Brisbane City
Bed and Breakfast Business – Brisbane City 150 150 Geof

Due to the recent unexpected Coronavirus situation and the owners impending retirement the price of the lease is now only $95 000 WIWO.

Most successful and highly rated Brisbane city-fringe, heritage old “Queenslander” Bed & Breakfast business. Located within walking distance of the CBD, Brisbane River and all other City places of interest.

Rated number 2 B&B`s in all of Brisbane on Trip Advisor with 430 “exceptional” reviews. Rated 9.6 on Hotels.com and rated #1 in Brisbane 2019 Trivago.

Current operator after 7-years of building the business to mainly overseas/international visitors (70/30 ratio overseas/domestic guests) now wishes to retire.

The freehold and B&B business is being offered on a WIWO basis (Freehold $1.35m) or the lease only with 7.5 years remaining and possibility to renegotiate any preferred term for ONLY $95000 (previously advertised pre-pandemic for $250000)

This amazing City lifestyle business would ideally suit a couple wishing to operate a very independent style of business (no franchise, no bosses etc.) Huge opportunity to expand present operations as the present owner only opens 36-40 weeks/year.

Please note that it was necessary to close the business on 23 March as per Government directives but will reopen 1 July but trading is initially expected to be slow but this will offer an ideal opportunity for a working couple to transition into the business. Forward reservations for 2021 are already be accepted.

PLEASE No Agents or overseas enquiries that do not hold appropriate Australian Residence Visa/s.

Full Trading details will only be provided once a personal meeting/inspection has been conducted.