Business For Sale - UNDER CONTRACT - ID 7860 BL

Industry: Accommodation/Tourism - All, Accommodation/Tourism - Resort, Services - Management Rights | Listed by: MR Sales
Key Strengths
About this business
- Priced To Sell At A 4.58 Multiple on $215,000 Net
- Brisbane management rights for sale
- $14,000 incl GST monthly salary, increased annually by CPI
- Large & comfortable 3 bedroom, 2 bathroom, manager's apartment with 3 external patios
- Ground floor manager's apartment facing north-east and looking out to lawns and gardens
- Large and excellent, fully fitted-out separate office held under exclusive use
- Easy to use REI Master Trust Account Software
- Very manageable 30 units in the letting pool
- Landscaped gardens are filled with slow-growing drought resistance plants
- Prime location features equates to good tenancy demand & rentals
- Minutes walk to the free cross-river ferry services and to the City
- Tennis Court, pool and excellent recreation areas
- Solid evidence of regular top-ups on this 10 year agreement
- Accountant verified annual net profit of $215,000. No office hours. Enjoy a BBQ and the garden outlook from the manager's patio. Large and spacious ground floor 3 bedroom, 2 bathroom, 2 car space manager's apartment.

Net Profit: $215,000
(Verified by leading industry accountant)
Asking Price: $1,795,000
(Inclusive of manager's real estate)

CONFIDENTIALITY CONDITIONS APPLY

For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:

Listing Broker
Jake Clarke
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Business Name / Ref #:
Contact Advertiser
Location:
QLD
Asking Price:
$1,795,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0418 66.....
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Advertiser Details

management rights & resort specialists
Location: Suite 1, Ground Floor Equinox Sun Resort 3458 Main Beach Parade
Surfers Paradise, Queensland
4217, Australia

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All Comments

Business For Sale - UNDER CONTRACT - ID 7860 BL ListingImage
About this business
- Priced To Sell At A 4.58 Multiple on $215,000 Net
- Brisbane management rights for sale
- $14,000 incl GST monthly salary, increased annually by CPI
- Large & comfortable 3 bedroom, 2 bathroom, manager's apartment with 3 external patios
- Ground floor manager's apartment facing north-east and looking out to lawns and gardens
- Large and excellent, fully fitted-out separate office held under exclusive use
- Easy to use REI Master Trust Account Software
- Very manageable 30 units in the letting pool
- Landscaped gardens are filled with slow-growing drought resistance plants
- Prime location features equates to good tenancy demand & rentals
- Minutes walk to the free cross-river ferry services and to the City
- Tennis Court, pool and excellent recreation areas
- Solid evidence of regular top-ups on this 10 year agreement
- Accountant verified annual net profit of $215,000. No office hours. Enjoy a BBQ and the garden outlook from the manager's patio. Large and spacious ground floor 3 bedroom, 2 bathroom, 2 car space manager's apartment.

Net Profit: $215,000
(Verified by leading industry accountant)
Asking Price: $1,795,000
(Inclusive of manager's real estate)

CONFIDENTIALITY CONDITIONS APPLY

For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:

Listing Broker
Jake Clarke

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,795,000

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