Paradise Found! Your Dream Business Awaits on the Gold Coast - ID 8122
$1,692,500
Resort / Holiday management rights, Labrador QLD
Holiday Management Rights For Sale
Tired of the same old routine? Ready to escape to your own slice of tropical paradise? Look no further. This is where holiday dreams come true!
Prime Location: Nestled just a stone's throw away from the glistening Broadwater, this business offers the perfect blend of serenity and excitement. With the Gold Coast Highway at your doorstep and Surfers Paradise just a short 5 km away, convenience meets luxury in this sought-after locale.
Manager's Delight: Say goodbye to the 9-5 grind! With no set office hours in agreements, you'll have the freedom to live life on your terms. Plus, enjoy the perks of a spacious 2-bedroom manager's unit boasting a large patio your own oasis in paradise.
Profitable Investment: Don't just buy a business invest in your future. With a net profit exceeding $240,000, here is a lucrative opportunity for savvy entrepreneurs. And with a separate office for added privacy and efficiency, success is within reach.
Family Friendly: This is a business catering to families seeking unforgettable vacations, it is the ultimate destination. With amenities galore for the kids and convenient transport options right at the doorstep.
Ready to embark on your next adventure? Don't miss out on this incredible opportunity to own a piece of paradise on the Gold Coast. Make your dreams a reality. Paradise awaits seize it now!
Net Profit: $255,000
Asking Price: $1,692,500
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,692,500
- Net Income: $ 255,000
(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: 4.1
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?