2660BF - RECESSION PROOF, COVID PROOF WORKERS BACKPACKER 50 BEDS, WITH 24% RETURN ON INVESTMENT

SOLD

Tourism Brokers are pleased to present to market the freehold business of a Workers Backpackers which is positioned with main street frontage in Regional Far North Queensland town,

Especially popular with South Pacific Islander Farm Picking backpackers, the business has established strong connections with the local growers around the area and links the hostel with hands-on farm work.

The backpackers play an integral part in the accommodation of labour to the flourishing fruit and vegetable growing of the Atherton Tableland area and there is no shortage of work for at least 10 months of the year.

The business has established links with Labour Agencies in Vanuatu, Fiji and Solomon Islands to supply labour to these farms. With all the appropriate licenses to bring these labourers into the country during COVID, they have been running smoothly.

The number of beds has been increased to bed accommodation and passed council approval; overflow facilities are used during peak season where a profitable margin is still made.

The owner/manager accommodation is one bedroom with ensuite and a separate kitchen positioned to the front of the hostel.

Facilities and services: include the following:

Cooking/kitchen facilities
Communal kitchen
Barbeque
Walk-in cold room and television in communal lounge
Fully equipped laundry
Purchase or hire sheets

It is through these extra services that the current vendors have built a very successful business.

Net Profit: $453,890 - 3 year average

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2660BF (quote when enquiring)

Price	SOLD
Location	Tolga
Property ID	2660BF
Category	Backpacker/Hostel

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IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

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Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

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a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

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