Bundaberg Central, Queensland

FANTASTIC CBD LOCATION LEASEHOLD GOING CONCERN BACKPACKERS - 2796BL

SOLD

Business Description

- Solid money maker netting better than 40% Net.

- New 30 year lease available.

- Significant inventory included (6 buses).

- Reliable cashflow business with plenty of willing workers.

- Prime location opposite train station in the heart of Bundaberg.

- Convenient access to 24 hour convenience store and takeaway.

- Walking distance to most things conveniently positioned in the CBD.

- Fully renovated with new equipment - no more money to spend.

- Backpackers flooding into Bundaberg's Food bowl with high demand from the farmers.

- Stable passive investment and growing freehold going concern showing high ROI.

- Low staffing, one casual cleaner!

- Close to quality coastal living with a number of attractions in the area.

Looking for an outstanding opportunity in the thriving heart of Bundaberg, Queensland? We've got just the thing - a stunning two-level colonial-style building situated on a coveted 1,012 sqm corner block. With a prime location in the CBD, opposite the train station, this leasehold business offers a 130-bed backpackers hostel complete with all the amenities.

After a period of slowed tourism, backpackers are returning to the area, making this investment opportunity even more promising. With a fully refurbished interior and a developed relationship with local farmers, this hostel has established itself as a reliable go-to for casual labour staff in the Bundaberg region for over 35 years.

Don't miss out on your chance to own a piece of Bundaberg's history and invest in a profitable backpacker business. Contact us today to learn more about this exceptional opportunity.

Net Profit: $260,890

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2796BL (quote when enquiring)

Property Code: 4676

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

Key Insights:

1. Prime location in the heart of Bundaberg's CBD, with convenient access to public transportation, 24-hour convenience store, and other amenities.
2. Well-established and profitable backpackers hostel business with a reliable cash flow and high demand from local farmers.
3. Fully renovated and equipped with new equipment, making it a turnkey investment opportunity with no additional expenses.
4. Significant inventory included, including 6 buses, providing additional revenue streams and potential for expansion.
5. New 30-year lease available, providing long-term stability and potential for growth.
6. Low staffing requirements, with only one casual cleaner needed.
7. Located in a popular tourist destination, with easy access to quality coastal living and various attractions in the area.
8. Stable passive investment and growing freehold going concern, showing high return on investment.
9. Opportunity to own a piece of Bundaberg's history and invest in a thriving business with over 35 years of established reputation.
10. Net profit of $260,890, making it a solid money maker with a net return of over 40%.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels For Sale

You may also like

Qld Coastal City Busy Backpackers – 2847BL
Tourism Brokers
Qld Coastal City Busy Backpackers –...

BUNDABERG CENTRAL

LEASEHOLD $795,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

More Backpacker/Hostel For Sale Searches
    FHGC Rocky Cape Tavern & Caravan Park 15 acres, Great Turnover Highway Frontage $1,295,000 +sav
    Blue Chip Investment - 859MI
    Seller Near Retirement - Priced to Sell at Only 2.5X!
    Excellent Opportunity For Owner-Operators - 1694ML
    Great Opportunity - Prime Location European Design
    25 Room Dubbo Leasehold Motel Located Close to City - Operating Under Management
    Great Entry-Level Opportunity - Awesome Returns!
    Thriving Brewery & Retreat – Profitable, Scenic, Expandable Opportunity
    Charming Country Inn Leasehold in Prime Location
    High-Performing Management Rights Business with still more Growth Potential
    EXCITING LEASEHOLD OPPORTUNITY - 1942ML
    INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
    A Motel Business That Shines Bright Like a Diamond - 452ML
    Highly desirable Caretaking-Only absolute beachfront
    Business Only - $188,740 Net Profit - ID 9185
    Business Only with High Stable Salary - ID 9184
    Regional Gaming Venue with Exceptional Features - 130HF
    Permanent GEM in Eight Mile Plains - Brisbane Southside Central