Listing status: Inactive
Reason: --
Extraordinary Value Now O/O $1.4m +sav 4BR Home Stress Free Highly Profitable Business 22% ROI
Extraordinary Value Now O/O $1.4m +sav 4BR Home Stress Free Highly Profitable Business 22% ROI
Industry :
Accommodation/TourismSub Industry :
Guest House/B&BWe are excited to present a unique, easy-to-operate & highly profitable business owned by the same owner since its inception circa Sep 1990.
The price has been reduced, The ROI is almost 22% with the owner only working two days per week. Requires little effort, collect the admission fees, gift shop sales, and maintain the beautiful gardens.
With YOY increasing profits, it is an ideal opportunity for an astute investor, individual, family or anyone for that matter who is looking for a business that allows great work-life balance, limited work, great income and more than that convenience of living seconds away from work, a full package that includes property in extremely popular & tourist town in southern Tasmania.
Earning approx 66% net profit on total sales, this business is truly a delight for any operator.
Located approx 24 km Northeast of Hobart in a charming town-Richmond, Old Hobart Town Model Village has a long-standing history of around 33 years.
Current owner has enjoyed great income and lifestyle over the years, one would be proud to own this masterpiece in Tasmania.
The property itself is approx 1.14 acres and comprises a 4-bedroom house that is ready to welcome new owners.
Some salient features of this opportunity:
> Easy to operate, one owner spends only 2 days per week in the business.
> All the hard work has been done, new owners start making money from day 1.
> Owner advice and we believe, with minimal overheads, it is hard to find a similar FHGC business at this price.
> Can be operated with one working couple or one owner with a casual staff member.
> Comes with a solid home that has been recently painted, ready to welcome new owners.
> Full training & handover with extended support is available for a smooth transition.*
> 90% of business operation requires only 1 staff/ owner. Potential to run under management.
> Sky is the limit. This property offers huge potential to increase revenue and profits by building more accommodation, cafe (STCA) if required by new owners.
> Congenial work schedule and fantastic work environment.
> Tourism Tas says 1.5 million approx intrastate visitors in Southern Tasmania for the period ending March 2023.
> Excellent setup, always in demand, ever-changing clientele ensuring sustainability
.
> Enjoy the country lifestyle, yet only 25 minutes drive from bustling Hobart CBD.
> Netting>$300K in FY23.
Plenty of upsides, an inspection is highly recommended. Please fill in a confidentiality agreement on our website for a detailed information package. Financials will be provided to qualified buyers.
A business that you fall in love with. Contact Paul Scott email: pauls@businessbrokersnetwork.com.au ph 0477 771 098 or Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$1,400,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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