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QUICK sale Backpackers Hostel – Vendor Finance offered (BC23024) - Townsville QLD

QUICK sale Backpackers Hostel – Vendor Finance offered (BC23024)

Features

Price: $985,000
Listing Type: Sold
Property Type: Leasehold
Turnover: $624,046
Net Profit: $395,463


Photo Gallery & Business Description

  • Net profit $395,463pa – low overheads
  • 90% to 100% occupancy for most months of the year with owners forced to knock back patrons regularly!
  • Sales and profits consistent from year to year with little to no marketing – this investment offers a solid, safe investment!
  • Ranked one of the TOP performing hostels in Australia
  • Immaculately presented and well maintained with NEW refurbishments
  • Vendor finance may be offered to approved applicants
  • Plant and Equipment included $120,000 approx. replacement value
  • Freehold is also available for negotiation, asking $1.6million

Seller is EXTREMELY MOTIVATED and wants a QUICK SALE!

Hurry, this is going cheap!!!!!!

Asking $985,000 (leasehold only)

 

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