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Beachfront Accommodation & Car Hire

Business for Sale
Arcadia Beach Guest House and Car Hire
Arcadia, Magnetic Island QLD

Absolute beachfront accommodation and car hire business for sale in beautiful Magnetic Island, just off Townsville. Welcome to paradise. This is the ultimate seachange. Established 10 years.

Price POA

BEACHFRONT ACCOMMODATION & CAR HIRE

Stock Included: Yes
Stock Value:
Years Est: 10
Gross Revenue: Approx. 600k per annum.

Holiday accommodation and car hire business. Established for 10 years. Run your own business or leave current managers in place. Car hire fleet of 20 vehicles. Courtesy vehicle for guest pick-ups is a Silver Shadow Rolls Royce.  Income guaranteed by 2 sources  car hire and accommodation.  

Location

Absolute beachfront. Tropical Far North Queensland location - Magnetic Island just off Townsville.

Premises

  • Newly renovated Guesthouse, 10 rooms, 6 of which are ensuited
  • 4 safari tents in the tropical gardens
  • 2 bed 2 bathroom beachfront cottage and
  • 1 bed unit for owners/managers 

Land

Total Area 2.024m2 made up of two blocks x 1,012m2 each

Potential

Two separate FREEHOLD blocks on two separate titles. Apartments can be built on these blocks guaranteeing land value. Retirement income guaranteed by future development of the blocks - six units per block possible 

Comments
Sold as a going concern with entire inventory in place - nothing else to do or buy. Suit working hands on couple. Business has been run under live in management for past 10 years. Business is showing a turnover of approx. 600k per annum and a net back of approx $30%.

Guaranteed value of the freehold property build now or later approx. 12 , 3 bed 2 bath 2 car accommodation luxury ocean front apartments valued at approx. 1million each

 
Contact
Please contact the owner direct on 0417717781 - please do not contact the business
 

Contact Seller

Visit Website

Contact: Craig McCabe
Mobile: 0417717781
Bsale ID: 72421




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