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Canberra Aqua Park, 5 month a year business

Business Details

A unique opportunity to own a fun business that locals and tourists love. Located on Lake Burley Griffin on the shores of Black Mountain Peninsula, Canberra Aqua Park is a rare opportunity to own a 5 month a year business that brings joy and happiness to all its customers. Turn up to fun everyday.
 
Location: Garryowen Drive, Lake Burley Griffin, Black Mountain Peninsula 
 
Operating Months: November-March or until it’s too cold
 
Key Highlights
 
- Only 5 months of Trade a year
- A healthy turnover of $630,000 last season
- Gross Sales Lease 5% (approx. $25,000 last season)
- Transaction count 28,000 plus
- Low staff Wages of just $70,000pa
- PEBITDA $350,000
- Great Location on the Lake with no direct competition.
- Everything you need is included in the sale for easy continued trade.
- Ongoing lease with the National capital Authority.
- Online bookings through branded website.
- Ample car parking for visitors in the area.
- The park caters to, Parties, corporate groups, school excursions, locals and tourists
 
This is your opportunity to own a high turnover, high profit business that allows you 7 months of the year to enjoy yourself free of any business obligations. 
 
Offers over $1,000,000

Financial Snapshot

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Business Summary

Acton, Australian Capital Territory
Other.
The area in which the park operates are governed by two government departments.
 
TCCS leases the land area, with a small fee of $2,000 paid annually to permit placement of containers and ticketing offices on the bank. The current area used under this agreement is approximately 100 sqm but can be increased to 330sqm if necessary.
 
The water area, which is 2,900sqm is leased by NCA. The rent payable is equivalent to 5% of gross sales. This is paid on an annual basis after the summer season ends in March. The lease term is 3 years with a 2 year option.
 
Neither leases involve outgoings payable to the landlord. Electricity is run via solar, and fuel is purchased privately. There is no gas connection.
 
The business has a $20 million Public Liability Insurance, in line with the requirements of NCA lease
40 to 45 Staff Members
Monday – Sunday: 10 AM – 8 PM (Dec–Jan), 10 AM – 7 PM (Nov, Feb–Mar)
Owner Operated

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount :

Stock at Value : $0.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au