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Sapphire

SOLD

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 Type Business

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Michael Philpott

0433 137 927
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