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988cpf - A "treasure" Freehold Mixed Business For Sale

Sapphire, Queensland, Australia
Asking Price:
Freehold $980,000 wiwo (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- 24% 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.

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 $980,000 reflects a return on investment of 24 %. This return could easily be increased significantly by increased owner involvement in the business.

Net Profit $233,522 for 2018/19

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

Property ID: 988CPF (quote when enquiring)

Property Code: 3301

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