Qld Coastal City Busy Backpackers – 2847BL

LEASEHOLD $795,000

New 25-year lease.
One major contractor has secured the entire facility for the next 10 months.
27 rooms catering for 74 beds/guests.
Male and female bathrooms with four shower cubicles in each, a common room with TV and pool table.
Forecast for 100% for the next 10 months.
Owner’s residence: 1 bedroom studio unit situated on the first floor
Parking for approx. 8 vehicles, ample street parking outside business
Staff: 1 casual cleaner, a casual office/receptionist
2 fully equipped kitchens for guests
Common room with pool table, outside seating areas, vending machines and laundry for guests.

Offered exclusively by Tourism Brokers is the opportunity to acquire this centrally located Backpackers Hostel in the city of Bundaberg showing great forecasted returns.

With Bundaberg region being one of Australia’s largest “fruit bowls” - opportunity for seasonal workers is endless in the region. Major global and Australian fruit, vegetable and nut growers have a stake in the Bundaberg region and employment opportunities are available 12 months per year.

The business has secured an advanced booking which will see the FY25 year fully booked with one major contractor providing 100% occupancy to the end of the financial year. New owners will just need to manage this ongoing contract and will not need to worry about advertising or marketing. The contractor also provides their own vehicles and drivers, which drastically reduces the ongoing running cost of the business.

The estimated Revenue for FY25 $600,000 and estimated nett Profit of $240,000 which sets the business up for the future. There are already talks with contracts for the FY26 season and these large booking should be locked in well in advance. Providing a great opportunity for the new owners to reap the benefits of this solid business.

Net Profit: $240,000 Estimated 2024/25

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2847BL (quote when enquiring)

Price	LEASEHOLD $795,000
Location	Bundaberg Central
Property ID	2847BL
Category	Backpacker/Hostel

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