Visit this listing at https://www.sbx.com.au/business?id=TQQ1175

Business Code: TQQ1175

Key Features: Resort Management Rights - Yearly profit $311000 - Near Bundaberg QLD Nth Coast

State: QLD

Suburb: Bargara, 4670

Location: Situated in North QLD. on the Coral Coast the world's most enviable climate and affordable coastal and hinterland lifestyle.

Description

Management Rights in an Award Winning & Eco-Certified Resort with self-contained and standalone villas on 5.5 acres of gardens a block back from the beach.- There are 41 x 2 bedroom self contained air-conditioned villas. - Resort facilities include pools, spa, sauna, tennis court, games room, BBQ areas, licensed cafe & restaurant with full commercial kitchen and liquor license, function and conference facilities, kiosk and tour desk. - The resort has services such as kids club, movies by moon light & face painting during holiday periods.- Other services offered are yoga classes, in house masseuse, bike and snorkel hire. - Includes Managers office valued at $475,000.

Summary

  • Features: 25 years accommodation module agreements in place, - The 41 units are classified as Accommodation Only units under Qld Legislation which means they are not for permanent living so the income pool is always constant and the managers do not have to live on site, -Healthy body corporate salary, - Lifestyle Business.
  • Potential: Could increase food and beverage business.- Upgrade facilities and refurbish to taste.- Tie in holiday packages with airlines for Australian and International agencies. -Increase Facebook marketing and affiliate marketing to tours and groups- 2 bd. residence / caretakers apartment available to purchase for an additional $120,000.
  • Premises: Includes, reception building, restaurant, bar, kiosk and conference room.
  • Trading Hours: 7 days - Mon. to Sun. - 8.30 a.m. - 5.30 p.m.
  • Lease: 25 year lease expiring 20/10/2042
  • Employees: 2 owners + chef + apprentice chef + part time waitress + full time waitress + full time grounds and maintenance + one day grounds and maintenance + dishwasher for restaurant + reservations Manager ( book keeping also )
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$16,782

Wages

$5,222

Misc1

$5,560

Total Expenses

$14,782

Net Profit

$6,000

Price

$1,600,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Management Rights - Accommodation - Tourism

Business Code: TQQ1175
Price: $1,600,000

Key Features: Resort Management Rights - Yearly profit $311000 - Near Bundaberg QLD Nth Coast

State: QLD

Suburb: Bargara, 4670

Location: Situated in North QLD. on the Coral Coast the world's most enviable climate and affordable coastal and hinterland lifestyle.

Parking: On site parking available.

Description

Management Rights in an Award Winning & Eco-Certified Resort with self-contained and standalone villas on 5.5 acres of gardens a block back from the beach.- There are 41 x 2 bedroom self contained air-conditioned villas. - Resort facilities include pools, spa, sauna, tennis court, games room, BBQ areas, licensed cafe & restaurant with full commercial kitchen and liquor license, function and conference facilities, kiosk and tour desk. - The resort has services such as kids club, movies by moon light & face painting during holiday periods.- Other services offered are yoga classes, in house masseuse, bike and snorkel hire. - Includes Managers office valued at $475,000.

Summary

  • Features: 25 years accommodation module agreements in place, - The 41 units are classified as Accommodation Only units under Qld Legislation which means they are not for permanent living so the income pool is always constant and the managers do not have to live on site, -Healthy body corporate salary, - Lifestyle Business.
  • Potential: Could increase food and beverage business.- Upgrade facilities and refurbish to taste.- Tie in holiday packages with airlines for Australian and International agencies. -Increase Facebook marketing and affiliate marketing to tours and groups- 2 bd. residence / caretakers apartment available to purchase for an additional $120,000.
  • Premises: Includes, reception building, restaurant, bar, kiosk and conference room.
  • Trading Hours: 7 days - Mon. to Sun. - 8.30 a.m. - 5.30 p.m.
  • Lease: 25 year lease expiring 20/10/2042
  • Employees: 2 owners + chef + apprentice chef + part time waitress + full time waitress + full time grounds and maintenance + one day grounds and maintenance + dishwasher for restaurant + reservations Manager ( book keeping also )
  • Sale Reason: Retiring
  • Comments: Situated close to the iconic Coral Coast with borders open nationally and internationally - perfect time to buy this resort in idyllic and iconic eco tourism location.
    Misc 1 - other expenses

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$16,782

Wages

$5,222

Misc1

$5,560

Total Expenses

$14,782

Net Profit

$6,000

Price

$1,600,000

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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.