Sapphire, Queensland

Freehold $1,100,000

Property Description

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

- 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

Property Summary

Caravan Park Information

Marketing Agent

Michael Philpott

Marketing Agency

Tourism Brokers

Michael Philpott
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Sapphire, Queensland 4702 Exact map location not provided

Similar Properties