Centrally located caravan park in the hub of Longreach - freehold or leasehold

28 days ago

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Summary

Freehold or leasehold caravan park with high margins now available in key Qld Outback location. You will get about 1 acre across 4 titles. There is a residence, 35 sites, 5 cabins & a rented cottage.

Location Details

174 Ibis Street
This caravan park is located in the town of Longreach with full access to all of the towns services and conveniences. It serves as a hub location for tourists and property workers.

Potential

There is plenty of revenue growth potential as the business has a low social media presence and renovations would increase nightly rates.
The new freedoms for travelling will see a whole rash of new travellers staying for longer than average so that they can see the increasing attractions available in the region.
The proactive council has been responsible for new reasons to visit Longreach and Winton such as outback symposiums and the burgeoning dinosaur fossil interest.

Skills

Being small and easy to run means this park suits both a couple starting out in the industry as well as those looking to add a low stress park to their portfolio.

Hours

Tourism hours with plenty of time for your own travel throughout the year.

Employees

Two owner managers and with some occassional help from permanent residents when the owner's travel.

Reason for Sale

The owners have worked this business for many years and now want to spend some bulk time renovating their far strung remote holiday properties.

About the Business

The owners are ready to retire and have instructed me to make a sale happen for them. This includes reducing the price dramatically with the result being a 20% ROI against last year's profit!

Accommodation is the boom industry and this park is overflowing during the tourist season of April to November.

The complex is located in the Qld Outback hub town of Longreach. You will get about 1 acre across 4 titles. There is a residence, 35 sites, 5 cabins and a rented cottage.

Location Details
174 Ibis Street, Longreach
This caravan park is located in the town of Longreach with full access to all of the towns services and conveniences. It serves as a hub location for tourists and property workers.

Potential
There is plenty of revenue growth potential as the business has a low social media presence and renovations would increase nightly rates.

The new freedoms for travelling is seeing a whole rash of new travellers staying for longer than average so that they can see the increasing attractions available in the region.

The proactive council has been responsible for new reasons to visit Longreach and Winton such as outback symposiums, the renovation of a Murray River paddle steamer and the burgeoning dinosaur fossil interest. Remember also that the mighty Stockman's Hall of Fame is also here.

Skills
Being small and easy to run means this park suits both a couple starting out in the industry as well as those looking to add a park to their portfolio.

Hours
Tourism hours with plenty of time for your own travel throughout the year.

Employees
Two owner managers who get some occasional help from some of the permanent residents.

About the Business
Probably the biggest growth industry right now in Australia is hospitality and tourism. No wonder this freehold caravan park is busy!

The grassed areas keep the temperature lower and is a great attraction for travellers with pets. Peak tourist time is Easter to November. Outside of those time you have a steady long term annual trade from shearers and workers on the cattle or sheep properties nearby.

The office is run out of the managers residence which also has 2 bedrooms, one bathroom, storage area, kitchen and living areas.

This simple to run complex provides a high yield. The latest financials have just been received and there is a steady 59% profit.

A freehold sale is preferred however, the owners will consider a leasehold option.

Contact Peter Bender 0421 253 771 for a confidentiality agreement and business profile.

History

Current owners have worked the business since 1999 and created a real culture of enjoyment around the place.
Things like free morning and afternoon tea encourage guests to mingle, establish friendships and return en masse.

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