Gold Coast Resort - Run Under Management

Business For Sale QUEENSLAND 4217, Queensland

Business Category Hotel

$5,250,000

Description

Gold Coast Resort - Run Under Management

Established at Resort, a 4-star resort on the Gold Coast in 2015, a new category of accommodation was created.

About the Business
Fourteen Resort Holiday Suites – to be sold in one group; One Million Dollars income; four
years consistent performance

Welcome to this opportunity, one that will continue to produce a significant income for many years to come.

There is no doubt that the Gold Coast is the centre of the tourism industry in Australia, and for families that are looking for fun, sun and a holiday for everyone.

Established at Resort, a 4-star resort on the Gold Coast in 2015, a new category of accommodation was created. Commanding a significantly higher tariff than a regular apartment (+20%), the Suites provide the holidaymaker with all the creature comforts, all in a luxurious setting.

Gross Income twelve months to March 2020 - $ 1,027,441. Appealing to families, with sleeping for up to six, these Suites are positioned in one of the most unique Resorts in Australia.

Four swimming pools, Poolside restaurant, waterpark that is complete with slides, tipping bucket and lounge area, big-screen cinema poolside, massive Body Corporate sinking fund. Ranked number one on Trip Advisor

Completely run under the Resort management, the options moving forward are flexible. The Suites are completely renovated with multiple air conditioning units installed, stone kitchen tops, kids gaming units, funky furniture – a significant, superior group of apartments, within a great resort location.

Priced to sell in one group, these 14 x 2-bedroom suites have scope to increase profit through higher occupancy. Well suited to an SMSF or partnership wanting a great return and a proven five-year operational track record in the highest-rated property in Gold Coast, Queensland.

For more information on this opportunity, please contact the undersigned:

FOR SALE BY VENDOR

Or


Allbiz Business Sales

T: XXXXXXXXXX E: XXXXXXXXXX

For more details go to www.allbizsales.com and complete our online confidentiality agreement. Use the reference ID XXXXXXXXXX to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Matthew Holland

Bsale ID: 530207

All Biz Sales
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