Beachfront caravan park

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Business Description

  • Located in the heart of a large mid north town
  • Returning owners $200,000 p.a.
  • Easily run by husband and wife
  • 74 sites, 12 onsite vans, 8 cabins
  • Magnificently presented with a large owner’s residence
Simon Winter 0419 828 689

Extended Price Information

Goodwill $663,000
Plant & Equipment $30,000
Stock at valuation (approx) $2,000
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$695,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment
2012/2013 $488,661 $222,220 29.62%
2013/2014 $479,310 $202,196 26.96%
2014/2015 (11 months) $502,646 $219,754 31.62%
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The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wage.

Staff Summary

Two vendors and four casual staff comprising groundsman and cleaners.

Lease Summary

Current Rent $6,500 per month + GST
Lease Term 5 years
Lease Commencement 6th December 2004
Lease Expiration 5th December 2024
Right of Renewal 3 x 5 years
Outgoings Paid by tenant
Adjustments CPI Annually & to the market at the end of term

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Plant & Equipment

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