Call us: 0738783999
ResortBrokers is the nation’s longest established and most experienced specialist agency operating in the accommodation and hospitality sector. Established in 1985 by Ian Crooks, it was the first broking house to focus exclusively on sales of tourism and accommodation-related businesses.
Today, ResortBrokers remains proudly a family business and holds a firm position of accommodation industry leadership. Its national network of brokers handles the sale of caravan and holiday parks along with motels, management rights, hotels, serviced apartments, and backpackers.
Over the past two years, ResortBrokers has sold a total of 18 caravan or holiday parks with a total value of $56 million – the most recent being the Moama on Murray Resort – and we have a further 14 listed for sale across Australia.
We are the experts in ensuring your caravan or holiday park is sold to a good operator at the best possible price, and under a model that best suits you.
Parks are usually offered for sale in one of three ways:
Freehold Going Concerns are parks where owner and operator are one and the same, responsible for everything from bookings to refurbishment. No rent is payable and they collect all profit after covering operating costs. Many parks, however, provide two distinct opportunities – the leasehold business and the freehold investment.
The Leasehold Businesses, usually starting with a 30-year term, is sold to an operator (lessee) who conducts the day-to-day management of the business and often lives onsite. They aim to maximise occupancy, tariffs and net profit, are responsible for all operating costs, and pay the owner annual rent for the use of the land and buildings. While lease documents vary, generally the lessee is responsible for the supply and upkeep of all ‘chattels’ needed to run the park.
Under the Freehold Investment model, the land and buildings are owned as a Passive Investment by a commercial investor (the landlord) who is responsible for all structural repairs and is expected to maintain the standard of the property for the duration of the lease.
They receive an annual rent from the lessee that, depending on lease terms, generally increases annually by CPI, or may be subject to a rent review clause.
Caravan parks in any form are considered strong investments, with banks happy to lend on all models.
Our caravan and holiday parks specialists, Russell Rogers and Greg James, have decades of experience between them and they will happily provide an appraisal of your business and any advice you may need.
For the latest information on returns and lending ratios to expect in the current market, contact ResortBrokers:
0416 166 909
0416 247 068