Gold Coast
QLD
$13,000,000
Sport - Freehold Available - Equestrian Centre - Riding SchoolPrice: $1,000,000Net Profit: $9,350 |
Visit this listing at https://www.sbx.com.au/business?id=TQM1075 |
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Business Code: TQM1075 Key Features: Freehold Available - Horse Riding Equestrian Centre Nett $9350 pw - Gold Coast State: QLD Location: Superb location in the Gold Coast hinterland with a creek frontage. DescriptionSport equestrian centre perfectly situated on 54 acres of prime hinterland close to the Gold Coast beaches. - The centre is the only professional riding school in the Gold Coast area with first class facilities including 23 Connemara Irish breeding horses, 3 arenas, a cross country course, 4 sand arenas, 2 lge jumping areas, 15 wash bays, a fully stocked equi-jump horse riding gear outlet and office, full boundary and paddock fencing, demountable accommodation plus a 200m2 colonial style residence and much more.Freehold price is $5,500,000. Summary
Weekly SummaryWeekly Takings (inc GST)$18,500Cost of Goods$1,000Gross Profit$17,500Rent$5,050Wages$2,100Telephone$150Insurance$650Electricity$200Total Expenses$8,150Estimated Stock (Additional)$427,565Equipment (Included)$230,000Net Profit$9,350Price$1,000,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Sport - Freehold Available - Equestrian Centre - Riding School
Business Code: TQM1075
Price: $1,000,000
+ Estimated SAV $427,565
Key Features: Freehold Available - Horse Riding Equestrian Centre Nett $9350 pw - Gold Coast
State: QLD
Location: Superb location in the Gold Coast hinterland with a creek frontage.
Description
Sport equestrian centre perfectly situated on 54 acres of prime hinterland close to the Gold Coast beaches. - The centre is the only professional riding school in the Gold Coast area with first class facilities including 23 Connemara Irish breeding horses, 3 arenas, a cross country course, 4 sand arenas, 2 lge jumping areas, 15 wash bays, a fully stocked equi-jump horse riding gear outlet and office, full boundary and paddock fencing, demountable accommodation plus a 200m2 colonial style residence and much more.Freehold price is $5,500,000.
Summary
- Features: Superb lifestyle -Experienced staff - All council approvals and licenses in place.- Freehold is also available. - Residence attached.
- Potential: Online trading for the horse riding gear - develop as a tourist location - increase overseas awareness.
- Premises: This property has an area of 54 acres of prime land superbly developed.
- Trading Hours: 7 days - Mon. - Fri. - 8 a.m.- 12 p.m. - 3 p.m.- 6.30 p.m. - Sat. - sun. - 8 a.m.- 1 p.m.
- Lease: 5 + 5 year lease to be negotiated - 8 weeks bond - 2.2% C.P.I. increases.
- Employees: 2 owners + 2 coaches + 3 casuals.
- Sale Reason: Overseas business interests.
- Comments: Astute owners have worked hard and spared no expense to develop this delightful equestrian centre and are only selling due to pressing overseas business interests but are prepared to assist for a smooth transition - owners would prefer a freehold sale but are prepared to negotiate a sale of the leasehold business with a lease on the premises. - $500,000 stock is extra to the asking price. - Freehold of 54 acres can be negotiated as an optional extra. -
Leasehold business asking price is $1,750,000 plus stock (stock to be sold at market price less 20%) - Freehold price is $5,500,000.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$18,500
Cost of Goods
$1,000
Gross Profit
$17,500
Rent (ex GST)
$5,050
Wages
$2,100
Telephone
$150
Insurance
$650
Electricity
$200
Total Expenses
$8,150
Estimated Stock (Additional)
$427,565
Equipment (Included)
$230,000
Net Profit
$9,350
Price
$1,000,000
+ Estimated SAV $427,565
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
