HIGH NET GOLD COAST HOLIDAY BUSINESS - ID 8239
$3,445,000
Resort / Holiday management rights, Labrador QLD
Management Rights For Sale
Very stable business and priced to sell
- Spacious 3 bedroom manager's residence
- Long agreements
- Supportive and proactive Body Corporate
- Very popular location for family holidays
- Large Body Corporate salary
- Just 10 minutes to Surfers Paradise
- Office on title
- All equipment owned and maintained by the Body Corporate
Boasting a prime location on the Gold Coast Broadwater, this is a thriving destination for families seeing a relaxing holiday. Short drive to theme parks and only 10 minutes to the hear of Surfers Paradise. The high income is sufficient to support two families or an investment group.
Net Profit: $546,429
Asking Price: $3,438,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $3,445,000
- Net Income: $ 546,429
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.1
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?