Seasonal (Nov-Mar) lakeside water attraction on Lake Burley Griffin - $630,000 turnover and $410,000 PEBITDA last season from just 5 months of trading.
EOI - Earn a year's income (approx. $410k PEBITDA) in just five months. Step into a business that delivers exceptional returns with a lifestyle to match. Operating only November to March, this popular water attraction drew over 28,000 customers last season and faces minimal competition.
Location: Garryowen Drive, Lake Burley Griffin - Black Mountain Peninsula. Operating season: November to March (or until conditions cool).
Key highlights:
- Operates only 5 months per year
- Turnover of $630,000 last season
- PEBITDA of $410,000
- Gross sales lease at just 5%
- Low wage bill of approximately $81,000
- 28,000+ visitors last season
- Prime lakeside location with no direct competition
- All equipment and assets included for seamless continuity
- Ongoing lease with the National Capital Authority
- Branded website with integrated online bookings
- Suitable for parties, corporate groups, schools, locals and tourists
The current owner is confident enough in the park's future earnings to offer up to 50% vendor finance to an approved purchaser.
Staffing: 40 to 45 staff members (seasonal).
Trading hours: Mon-Sun, 10am-8pm (Dec-Jan), 10am-7pm (Nov, Feb-Mar). Owner operated.
Sale method: Expression of Interest.