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Fantastic Cbd Location Leasehold Going Concern Backpackers - 2796bl For Sale

Bundaberg, Queensland, Australia
Asking Price:
LEASEHOLD $650,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Solid money maker netting better than 40% Net.

- New 30 year lease available.

- Significant inventory included (6 buses).

- Reliable cashflow business with plenty of willing workers.

- Prime location opposite train station in the heart of Bundaberg.

- Convenient access to 24 hour convenience store and takeaway.

- Walking distance to most things conveniently positioned in the CBD.

- Fully renovated with new equipment - no more money to spend.

- Backpackers flooding into Bundaberg's Food bowl with high demand from the farmers.

- Stable passive investment and growing freehold going concern showing high ROI.

- Low staffing, one casual cleaner!

- Close to quality coastal living with a number of attractions in the area.

Looking for an outstanding opportunity in the thriving heart of Bundaberg, Queensland? We've got just the thing - a stunning two-level colonial-style building situated on a coveted 1,012 sqm corner block. With a prime location in the CBD, opposite the train station, this leasehold business offers a 130-bed backpackers hostel complete with all the amenities.

After a period of slowed tourism, backpackers are returning to the area, making this investment opportunity even more promising. With a fully refurbished interior and a developed relationship with local farmers, this hostel has established itself as a reliable go-to for casual labour staff in the Bundaberg region for over 35 years.

Don't miss out on your chance to own a piece of Bundaberg's history and invest in a profitable backpacker business. Contact us today to learn more about this exceptional opportunity.

Net Profit: $260,890

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2796BL (quote when enquiring)

Property Code: 4676