Sapphire

Freehold $980,000 wiwo

988CPF - A "TREASURE" 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.

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 Type business

Quick Links

Agent Details

Michael Philpott photo

Michael Philpott

0433 137 927
View Profile