Sensational top tourist caravan park

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Business Description

  • Leasehold park offering 20 year lease
  • Less than 1 hour from Adelaide, adjacent River Murray
  • Magnificent grounds, mini golf course, boat ramp
  • Sensational camp kitchen, large BBQ area
  • Large 3br owner’s residence
  • 40 powered sites, 14 cabins & room to expand
  • Currently run by a couple with a return of over $150,000

Simon Winter 0419 828 689


Extended Price Information

Goodwill $415,000
Plant & Equipment $130,000
Stock at valuation (approx) $5,000
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$550,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment
n/a $251,660 $94,521 17.19%
n/a $301,227 $134,492 24.45%
n/a $331,736 $156,419 28.44%
2012/2013 $331,268 $153,745 27.95%
The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wage.

Staff Summary

The business employs no staff and is easily run by two vendors with the assistance of contract cleaners.

Lease Summary

Current Rent $6,250 per month + GST
Lease Term 5 years
Lease Commencement Date of settlement
Right of Renewal 3 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually and reviewed to market at the end of the term
Current Rent
A new lease will be offered on the above terms.

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Plant & Equipment

Original Cost of Plant $230,145
Written Down Value of Plant (approx.) $130,000
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