Leisure/Entertainment
Toowoomba & Darling Downs Region l QLD
Ref: 3402

Qld Legal Brothel Business and Property Investment For Sale

This long established Qld legal brothel business with the freehold property included in the price is located in Toowoomba Qld which is approximately 2 hours from any other Qld legal brothel business in Qld.

This brothel opportunity would ideally suit a full time working owner working approximately 50 hours per week with the remaining opening hours supervised by PLA Licensed Shift Managers.

Based on the 2019 FY, a new full time working owner could make an adjusted net income for working approximately 50 hours per week of approximately $100,000 + after allowing for the normal expenses as:

• a commercial Rent to pay back the mortgage on the property
• the outgoings and body corporate costs of the property
• the casual shift managers' wages and superannuation
• all other normal operating expenses for this type of business as shown in the P&L
• full tax financial records for the past 4 years and general information is available

Excellent presentation both outside and inside with substantial parking and the asking price includes the brothel business with all furnishings and equipment and the freehold property with all of the internal and external improvements as walls, ceilings, insulation, ducted air conditioning, plumbing, electrical and fixtures included.

The internal area has luxury furnishings and furniture throughout the premises plus a fully equipped staff lounge / kitchen area plus a laundry facility. There is an 11 camera surveillance system that can be viewed on any smart device from anywhere with internet access.

Legal brothel businesses offer an excellent opportunity to secure a high cashflow business with no Cost of Goods, no Debtors (all room rental is paid in advance), minimal Creditors, no Stock and no Working Capital requirements with approximately 30% to 40% of all takings being in cash. The business has Eftpos facility available to customers.

At the time of the room booking, the business only collects the room rental income while the Service Provider is paid directly by the client and is not included in the room rental fees as declared by the brothel owner. Generally a very easy business operation for an owner to work in and supervise.

In order to purchase a Qld legal brothel business, the Buyer:

1. Must be either a permanent resident or citizen of Australia
2. Cannot have a past serious criminal record
3. Must be a Cash Buyer for the business portion of the price (no bank lending is available for a brothel business plus have sufficient additional funds for the PLA Brothel License Fee, Stamp Duty, and Legal Fees, etc.
4. Some lending may be available for the freehold property from some smaller financial lenders

Note - images are provided for display purposes only and may not accurately reflect the business advertised for sale.

Contact Business Brokers Queensland on 1300 699... (click to show) for further information on this business or to register for regular email updates on new businesses go to our website at www.bb... (click to show)

Price: $595,000
Business Brokers Queensland
Email this Agent   question mark popup button

Australian enquiry? Yes No

Phone: 1300 699... (click to show)
Fax: 07 3297... (click to show)
Address:
8 / 130 Kingston Road
UNDERWOOD, QLD, 4127


Tool Box RSS Feed