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DealProspect/Listings/Hospitality & Tourism

Coastal Tourist Park Near Beach, New Lease

Holiday Park

ActiveHospitality & TourismB2C
Asking price
~$1,548,900
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue
$900,000
TTM
Earnings (est.)
~$243,180
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~6.4×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Coastal tourist park situated within 150 metres of the beach
  • 5 motel rooms, 6 villas and 11 self-contained cabins with kitchen facilities (4 newly installed)
  • 32 budget rooms, 28 powered sites plus 6 onsite caravans
  • Camping area, inground pool, camp kitchen and entertaining area
  • Amenities block and laundry, situated on 2.75 acres
  • 4 bedroom 2 bathroom residence plus additional 3 bedroom 1 bathroom residence
  • Office and reception with internal access to residence
  • New 30 year lease available with low annual rental
  • Operated under management; trading improving each year

Holiday parks in Queensland

All 16
Listed
16
+1 in 30 days
Median asking
$2.1M
10 priced
Earnings multiple
200 listings
Asking price spread10 of 16 state a price
10%
10%
40%
30%
10%
$250K–$500KOver $5M

Victoria 14 · New South Wales 12

Cafes 257 · Takeaways 156 · Management rights businesses 146 · General retail businesses 142 · Restaurants 115 · Automotive workshops 89