18% Return & $472,163 Salary - ID 8532
All Garden Maintenance Paid by Body Corporate
Permanent management rights, Surfers Paradise QLD
- Lawns maintained by Body Corporate.
- Hedges maintained by Body Corporate.
- Outdoor pool maintained by Body Corporate.
- $70,000 cleaning salary is not included in the net profit.
- $20,000 reception salary is not included in the net profit.
- True net profit is $447,270 in your pocket, reflecting an 18% business return.
- Compared with any other permanent management rights business, this offers unmatched real net income and easy duties.
- Supervisory role a once-in-a-decade rare opportunity.
- $472,163 + GST Body Corporate salary, increasing annually with CPI over 80% of total income comes from salary, offering super stable income.
- Net profit: $469,859 Actual multiplier is extremely low compared to similar businesses on the market.
- Industry professionals will immediately recognise the true value of this opportunity.
- All permanent rentals, with a very small letting pool of only 14 units in a large complex, offering huge potential for growth.
- 10-year agreement with the full term remaining.
- Enormous income growth potential through multiple additional revenue streams for the incoming manager.
If youre looking for FIRST-CLASS LIVING, FIRST-CLASS INCOME, and SUPER EASY, LOW-STRESS WORK, theres nothing on the market that compares. This opportunity ticks every boxits truly perfection.
Compared with others, youll immediately see the real difference.
If you want to secure this once-in-a-decade, supervisory caretaking agreementa rare opportunity representing less than 1% of the marketcall Bill He now. Dont miss your chance and live with a lifetime of regret.
Net Profit: $447,270
Asking Price: $4,250,000
(Inclusive of Managers Real Estate)
More Information
- Total Purchase Price: All Garden Maintenance Paid by Body Corporate
- Net Income: $ 447,270
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,750,000
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?