OWN MANAGEMENT RIGHTS GUARANTEED
Stock Included: Yes
Stock Value: —
Years Est: 3
Gross Revenue: —
A LIFESTYLE ADVANTAGE
A COMPETITIVE ADVANTAGE
A LOW RISK ADVANTAGE
A SECOND REVENUE
LOW GOODWILL - HIGH ASSET MIX IN PRICE
All the hard work is done and ready for growth.
With a passive income from the accommodation and an 85% occupancy rate
International Tourist Hot spot . Refurbished Luxury Suites
NET PROFIT $185,000
PLANT AND EQUIPMENT = $209,000
STOCK - $20,000
TOTAL PRICE = $370,000
STOP PRESS!!! The above net profit is considered conservative as the State Government’s recent press release on the 11th of May 2018 confirms the Government will give $425 million to Tourism WA over the next 5-years to boost the number of international and interstate visitors to WA.
This can only be good news for this business as the Margaret River region is one of the main attractions for tourists visiting WA. Even better, tourists will appreciate the convenience of staying right on the main street, close to everything the town has to offer, with affordable dining and drinking just a short walk downstairs.
Unlike other establishments and bars in Margaret River, this business has a monopoly advantage of combining its downstairs Bar with onsite accommodation - four luxury self-contained apartments and a conference room upstairs.
This provides the owner with a multifaceted income stream, with the apartment rentals requiring little input in either workforce or expenses to generate profits – these are features very few if any other small bars anywhere can match.
FUTURE GROWTH HOTSPOT
EVERYTHING IS SET FOR THE NEXT GROWTH PHASE
LOW FULL-TIME STAFF OF ONLY TWO
EASY OWNER MANAGE BUSINESS
BUT BECAUSE IT’S SUITED TO SO MANY DIFFERENT TYPES OF PEOPLE, this one won’t last.
Contact us today to receive a detailed business profile – the first step to securing this exciting opportunity.
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