Set & Forget Management Rights Business - Brisbane Southside
$660,000
Permanent management rights, Bulimba QLD
Spreading your risk across 3 complexes and with minimal onsite duties, this makes a very secure purchase. Located within the Brisbane metropolitan area comprising 3 complexes, all having minimal duties under the caretaking agreements.
The business can come with all the necessary staffing should you require them. Currently, the business owners find themselves at one complex per week ensuring all duties and responsibilities are carried out.
With the current business owners highly focused on their systems, this business has become very manageable on minimal staff. This is a genuine work-from-home business as mostly all duties are carried out by staff. Each complex has its own unique features and facilities, with almost all of the complexes having CCTV for easy monitoring and minimal body corporate facilities to maintain.
More Information
- Total Purchase Price: $660,000
- Net Income: $ 127,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?