business less than 2x, option to live on/off site
762,000 business less than 2x
Permanent management rights, Eight Mile Plains QLD
Discover a small business that surpasses expectations and fulfils all your desires. Nestled in the highly convenient location of Eight Mile Plains, this opportunity promises unparalleled accessibility and growth potential. Situated close to three major highways, your business will enjoy seamless access to Brisbane City, the airport, Gold Coast, and even Ipswich. This prime location ensures smooth connectivity for your clients and customers.
Convenience reaches new heights with the proximity to Westfield Garden City, the largest shopping centre in southern suburbs. Your business will thrive amid the bustling retail paradise. Alongside enjoy the ease of maintaining your business with minimal gardening work. Embrace a stress-free environment as you focus on growing your enterprise.
With a long agreement boasting over 20 years remaining. Only set the business price of 2x of remuneration with the letting as free bonus. It's like owning a good property house with the business as a freebie, the owner just wants to move on to the next chapter. Ideal for first-time buyers or some semi-retire people with small incomes but minimal work.
Act now and seize this extraordinary chance to thrive in Eight Mile Plains. Call our exclusive agent, Celine, before this opportunity slips away. Your future success awaits!
More Information
- Total Purchase Price: 762,000 business less than 2x
- Net Income: $ 44,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 688,000
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?