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Freehold backpackers Bed n Breakfast for sale (BC19728) - Bowen QLD

Freehold backpackers Bed n Breakfast for sale (BC19728)

Features

Price: $875,000
Listing Type: Sold
Property Type: Freehold


Photo Gallery & Business Description

Boasting 25 acres of beautiful Australian bush on the banks of a tranquil river, this backpackers/bed and breakfast offers a relaxing blend of casual alfresco dining and bushland accommodation where you can enjoy a close encounter with native Kangaroos!

This is a unique opportunity to pick up a business for FREE when you buy the land and buildings which alone is worth in the region of $1.4m to $1.5m to build from scratch and this doesn’t include the furniture, fixtures, fittings, pool etc.

No due diligence required when you are paying nothing for the business. In fact, when you’re picking up property for less than market value you don’t even need to run a business. This is a chance for you to live amongst the bush or run your own home based business and collect CASH as income (overheads would equate to no more than $60,000pa…everything else is profit!).

Here’s what you can expect:

INCOME:

  • Bed and Breakfast $153,300pa
  • Backpackers Accommodation $100,386pa

EXPENSES:

  • Overheads $60,000pa (maximum)

NET PROFIT:

  • $193,686pa

 

Remember, we are not asking you to pay any money for the business!

Extremely motivated seller. All offers considered!

Asking only $875,000 wiwo

(Buyer must contribute a minimum $500,000 deposit on a purchase price of $850,000 to be considered for Vendor Finance).

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