Beachside in Coffs Harbour - ID 7821
$1,200,000
Resort / Holiday management rights, Coffs Harbour NSW
NSW Management Rights For Sale
Family Friendly Business in Coastal Town
-ACT now as the long term vendors are keen to retire ASAP
-Popular holiday complex close to food and entertainment options
-14/21 in the holiday letting pool
-Huge family sized residence with wrap around courtyard
-Extra studio apartment on title
-Loads of storage and small workshop
-Great pool & BBQ pavilion onsite for guests
-5 mins drive to Park Beach Plaza shopping centre
-Good schools, university, sporting and lifestyle interests for all the family
-Upside for motivated new operators
If you are looking for a seachange and want a great place to raise the family then look no further.
This easy to operate holiday management rights business has huge potential to improve profits whilst enjoying all that living at the beach offers. Coffs Harbour is a very liveable city half way. Between Sydney & Brisbane with an airport, good education and sporting options for all ages. The current elderly, long term owners of the business are keen to retire and have priced the property to sell before Xmas.
Call now to secure your new beachside home
Net Profit: $123,284
Asking Price: $1,200,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,200,000
- Net Income: $ 0
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 780,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 0.0
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?