FREEHOLD ARTESIAN WATERS CARAVAN PARK & GENERAL STORE, YOWAH

SOLD

1 Blue Bonnet Boulevard

Yowah QLD 4490

Accommodation/Tourism

BUSINESS FOR SALE

500m2

Phone enquiries - please quote property ID 23511.

Established now for 40 years the Artesian Waters Caravan Park is situated in the Opal Mining and tourist town of Yowah, in the southwest of Queensland. It is famous for the unique Yowah Nut Opal and the natural hot artesian waters. The FREEHOLD park is set on 3 acres and is the hub of the township, located in the middle of the town with a bitumen road all the way from Brisbane. It also includes the Yowah General Store and groceries giving the business all year-round income.

The park has 26 powered sites, 10 unpowered sites, and 6 motel rooms, all air-conditioned and en-suite with either a shower or a bath, 1 self-contained en-suited donga, a Camp kitchen, and a games room.

The business grossed $800,000 last financial year. Currently run by a husband and wife along with some casual staff, allowing the owners to take holidays twice a year.

Business is being sold on a WIWO basis which includes the business, all equipment, approximately $40k to $50k of stock, and all vehicles, along with the freehold land and 2/3 bedroom premises. There are 110 permanent residents and many more Winter miners who also own properties in the town. Up to 200 tourists can be in the town in the cooler months, with many of them staying months at a time. The annual Opal Festival brings tourists from near, far, and international. The population has increased by 30% in the last 6 years as people are wanting to get out of the rat race.
Although partly Covid affected, the profit for 2020/21 was in excess of $150,000 plus all the benefits of owning your own business. A refrigerated FUSO truck and a forklift were also purchased during the year which will also be sold with the business.

This is an excellent cash business that is being sold cheaply so the owners can retire. Do your homework, check out Wiki-camps feedback, Google feedback, and Trip Adviser feedback, not one bad review, then watch Opal Hunters in Yowah on TV and check out the figures. You will not be disappointed. It just keeps getting busier. It will be sold as a going concern with all equipment and training. If you want to make real money with a small investment and don't mind working, then this is the business for you.
Enquire today to find out more.

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