Bourke, New South Wales

FREEHOLD GOING CONCERN - PROVEN PERFORMER. YIELD approximately 20% - T/O IN EXCESS OF $700K

SOLD

Business Description

*Turnover for first 6 months of 2021/22 $595 307
*Projected Net profit for 2022 to be in excess of $420 000
* 26 self contained units
*Huge block of land - 1.7 Hectares
* In addition there is the option of a Perpetual Western Land Lease suitable for 60 caravan sites
* Full size all weather tennis court
* Two swimming pools
*Large parking area suitable for all vehicles including helicopters.
* Extremely quite location yet it is still exposed to two major roads
* Ideally positioned to capture North/South bound traffic

Business Summary

Marketing Agent
Jim McDonald
Jim McDonald

Jim McDonald Brokers

Jim McDonald Brokers

Key Investment Insights

1. High Yield: The business has a yield of approximately 20%, which is a very attractive return for potential buyers.

2. Proven Performer: The business has a track record of success, with a turnover of over $700,000 and a projected net profit of over $420,000 for 2022.

3. Large Property: The business is situated on a huge block of land, measuring 1.7 hectares. This provides ample space for expansion and development.

4. Multiple Accommodation Options: The business offers 26 self-contained units, providing a variety of accommodation options for guests.

5. Potential for Further Development: The property also has the option of a Perpetual Western Land Lease, which can accommodate an additional 60 caravan sites. This presents an opportunity for further growth and revenue.

6. Recreational Facilities: The business offers a range of recreational facilities, including a full-size all-weather tennis court and two swimming pools. This adds value to the guest experience and sets the business apart from competitors.

7. Ample Parking: The property has a large parking area that can accommodate all types of vehicles, including helicopters. This is a unique feature that can attract high-end guests.

8. Quiet Location: Despite its exposure to two major roads, the business is situated in an extremely quiet location. This provides a peaceful and relaxing atmosphere for guests.

9. Strategic Positioning: The business is ideally positioned to capture North/South bound traffic, making it easily accessible for travelers.

10. Potential for Growth: With its strong performance and strategic location, there is potential for further growth and expansion of the business.
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This Business is sold

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