Sensational top tourist caravan park
Sold
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 |
| $550,000 |
Financial Summary
| Year | Sales | Return to Owner | Return on Owner's Investment |
|---|---|---|---|
| 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 |
A new lease will be offered on the above terms.