Tuggerawong, New South Wales
Residential Caravan Park, protect your wealth !!!
SOLD
Business Description
A very important rule in finance is to protect your CAPITAL.
Now is not the time in the market to take risk. Invest in very strong business models !!!
Takings over $650,000 !! for ---------- and consistent right through the COVID period.
This is a solid, long term investment !!
95% plus occupancy when under good management.
Do your homework on the financials, this is a strong, safe business model.
Nearly all tenants are full-time residents, and you only need to collect the rent and keep the park in good, clean order.
Low overheads create a high percentage of NET profit from GROSS income.
Easier to manage than the traditional Caravan park or Motel, and a lot more profit.
With good Managers, you can run under management.
Huge opportunity for further development and re-scale up, with the current income to build a solid foundation on.
The land is 5.2 hectares - ( over 12 acres ) and the current park uses 1.8 hectares ( 4.4 acres )
Located on 3 separate titles.
There is a huge demand for Manufactured Housing Estate's, and this park is located near Public transport and close to schools.
This secure, gated community is also near a service station, take-away restaurant, chemist and medical centre.
Any further accommodation built would be snapped up by people looking for a great value living.
This is almost a guaranteed result for future investment of the park.
The park is Council approved for a Caravan park and 7 approved camp sites.
The 65 permanent sites are 13 cabins, 42 Van & annex, 5 single vans and 5 relocatable homes.
59 of the sites are owned by the vendors.
The other 6, - 5 vans with annex, and 1 relocatable home are privately owned.
There is also a 3 bedroom Managers residence with living/dining area, lounge room and laundry.
Current owners manage the park, but it affords the luxury of having it run under management if you chose that business model.
Located close to Long Jetty, but NOT in Long Jetty.
Potential purchasers must do their own due diligence to support any financial information given.
Please do not approach Vendors directly as they are elderly people.
Confidentiality Agreement must be signed for further information.
Please quote - MSA 5046, and call Michael NOW !!! for more information or submit an enquiry
Business Summary
Key Investment Insights
1. The business is a residential caravan park with a strong, safe business model.
2. The park has a consistent income of over $650,000, even during the COVID period.
3. The occupancy rate is 95% or higher under good management.
4. The business has low overheads and a high percentage of net profit from gross income.
5. It is easier to manage than traditional caravan parks or motels, and has a higher profit margin.
6. The park can be run under management with good managers.
7. There is potential for further development and expansion on the 5.2 hectares of land.
8. The park is located near public transport, schools, and other amenities.
9. There is a high demand for manufactured housing estates in the area.
10. The park is Council approved for a caravan park and 7 camp sites.
11. The park has a mix of owned and privately owned sites.
12. There is a 3 bedroom manager's residence on the property.
13. The current owners manage the park, but it can be run under management if desired.
14. Potential purchasers must do their own due diligence before making a decision.
15. A confidentiality agreement must be signed for further information.
16. The current owners are elderly and should not be approached directly.
17. The business is listed as MSA 5046.
18. Interested buyers can contact Michael for more information or to submit an enquiry.