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Sapphire QLD 4702

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, Freehold $980,000 + SAV

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

    - 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.

    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 $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 $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: 3302

    Property Highlights

    Property ID2015920213
    Floor Area1 m²
    Land Area7,377 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
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    Category
    Last updated  30 Nov 2020
    Map for Sapphire QLD 4702
    Map for Sapphire QLD 4702Sapphire QLD 4702
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2015920213
    Floor Area1 m²
    Land Area7,377 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  30 Nov 2020
    Tourism Brokers
    32 Lamorna Ave Beecroft NSW 2119

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