RAINBOW BAY MANAGEMENT RIGHTS - LONG-TERM MANAGERS
HAVE OTHER PLANS - NET PROFIT OF $150,369 -
1P2783MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
This attractive complex is compact and very manageable, in a lovely sheltered location less than 5 mins stroll to beautiful Rainbow Bay, Coolangatta Beach, shops, restaurants and cafes.

After 11 years successfully running this business it is time for the current managers to move on.

* Very popular holiday destination with a total of 36 Apartments.
* Solid support from repeat guests.
* Long term agreements with 21 years to run. Supportive Body Corporate.
* No Set Office Hours in agreements.
* An attractive complex with a sunny central pool / entertainment area.
* Well presented 2 Bed / 2 Bath Manager's unit with spacious outdoor area.
* Secure tandem car park / storage. Adjoining Office on Title.
* After 11 years the managers are ready to move on and are motivated to sell, all reasonable offers will be considered.

* Net Profit - $150,369

Manager's Lot - $440,000
Business - $595,000
Total - $1,035,000
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Location:
QLD
Asking Price:
$1,035,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
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Website:
Contact Details:
0412 98.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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RAINBOW BAY MANAGEMENT RIGHTS - LONG-TERM MANAGERS HAVE OTHER PLANS - NET PROFIT OF $150,369 - 1P2783MR ListingImage
About this business
This attractive complex is compact and very manageable, in a lovely sheltered location less than 5 mins stroll to beautiful Rainbow Bay, Coolangatta Beach, shops, restaurants and cafes.

After 11 years successfully running this business it is time for the current managers to move on.

* Very popular holiday destination with a total of 36 Apartments.
* Solid support from repeat guests.
* Long term agreements with 21 years to run. Supportive Body Corporate.
* No Set Office Hours in agreements.
* An attractive complex with a sunny central pool / entertainment area.
* Well presented 2 Bed / 2 Bath Manager's unit with spacious outdoor area.
* Secure tandem car park / storage. Adjoining Office on Title.
* After 11 years the managers are ready to move on and are motivated to sell, all reasonable offers will be considered.

* Net Profit - $150,369

Manager's Lot - $440,000
Business - $595,000
Total - $1,035,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,035,000

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