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DealProspect/Listings/Hospitality & Tourism

Central Backpackers Hostel, Bundaberg

Backpackers / Hostel

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
~$149,529
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$442,000
TTM
Net Profit
$200,000
Implied multiple (assumed)
~0.7×
Assumed · comparable listings of this type and size · typically within ±50%
Brief
  • Centrally located backpackers hostel in Bundaberg with a new 25-year lease
  • 27 rooms catering for 74 beds/guests
  • Male and female bathrooms, common room with TV and pool table, two equipped guest kitchens
  • One-bedroom studio owner's residence on the first floor
  • Parking for approx. 8 vehicles plus ample street parking
  • Staffed by one casual cleaner and one casual office/receptionist
  • Ongoing forward bookings with major companies; FY25 heavily booked at 80% occupancy via one contractor
  • Strong demand from seasonal workers in the Bundaberg fruit-growing region
  • Contracts in place for the FY26 season