Sapphire, Queensland

988CPF - COVID-19 PROTECTED FREEHOLD MIXED BUSINESS FOR SALE

SOLD

Business Description

- 21% RETURN ON INVESTMENT.

- Position - entrance to town and region.

- One stop shop.

- No competition in town.

- Strong local trade.

- Growing large tourist trade in season (April to September).

- Growing turnover and profit.

- Multi-faceted reduces risk.

- Opportunity to develop further.

- Refurbished facilities.

Coronavirus protected, continual growth, solid cashflow and getting stronger with huge upside. This is very much a diamond cashflow opportunity with w very solid return. Results matter and this business has just continued to perform and provide reliable cashflow.

This is a vibrant business with increasing sales and potential to develop further. The 2018-19 gross income was $2.34m with the 2019-20 gross income expected to exceed $2.7m. 12 months to 25 November 2019 gross income before tax was $2.763m.

The sale price of $1,100,000 reflects a return on investment of 21%. This return could easily be increased significantly by increased owner involvement in the business.

Net Profit $226,882 FOR 2019/20

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

Property ID: 988CPF (quote when enquiring)

Property Code: 3301

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location at the entrance of town and region.
2. Diverse range of products and services offered, making it a one-stop shop.
3. No competition in the town, providing a strong customer base.
4. Strong local trade with potential for growth.
5. Growing tourist trade during peak season.
6. Increasing turnover and profits.
7. Multi-faceted business model reduces risk.
8. Opportunity for further development and expansion.
9. Recently refurbished facilities.
10. COVID-19 protected, providing a stable and reliable cashflow.
11. Solid return on investment of 21%.
12. Potential for increased profits with increased owner involvement.
13. Net profit of $226,882 for the 2019/20 financial year.
14. Property ID: 988CPF.
15. Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
16. Property Code: 3301.