Buy LEASEHOLD BACKPACKER BUSINESS
Leisure/Entertainment - Recreation/Sport Businesses for Sale in QLD, Australia
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| Title: | LEASEHOLD BACKPACKER BUSINESS | |||||||||
| ID Number: | 9236 | |||||||||
| State: | Queensland (QLD) | |||||||||
| Listing Type: | Businesses | |||||||||
| Categories: | Leisure/Entertainment - Recreation/Sport, Accommodation/Tourism - Motel, Accommodation/Tourism - Backpacker/Hostel | |||||||||
| Description: | Bundaberg Backpackers (60 beds), is a rare purpose built fully licensed hostel located directly across the road from the Greyhound bus terminal in Bundaberg. Over 90% of backpackers arrive in Bundaberg via bus, with 35 services per week running between Brisbane & Cairns, making it the best location in town. This is reflected in our very profitable 87% occupancy rate. Bundaberg Backpackers was purpose built in 1988 and has fully ducted air conditioning (new system in 2008) unlike any other hostel of its kind in Bundaberg. The hostel has spacious common and outdoor barbecue areas, kitchen with gas cook top, cool room, washing/dryer machines, Austar and free internet services. We are offering a brand new lease of up to 25-30yrs ($140k p/a rent plus outgoings) and will provide a full (IM) Information Memorandum upon request. Price: $750,000 Net Operating Profit (NOP) after rent showing a 31% return ($375k NOP - $140k rent = $235k) Turnover: $545,000 Accounting Figures: Available upon request |
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| Price: | $ 750,000.00 | |||||||||
| Stock Value: | Upon application | |||||||||
| Net Profit: | Upon application | |||||||||
| Turnover: | $ 545,000.00 | |||||||||
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