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DealProspect/Listings/Hospitality & Tourism

Beachside Management Rights, 22-Unit Complex

Management Rights

ActiveHospitality & TourismB2C
Asking price
~$944,364
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$631,344
Estimated · comparable listings of this type and size
Net Profit
$157,394
Implied multiple (assumed)
~6.0×
Assumed · comparable listings of this type and size · typically within ±20%
Brief

• Management rights business over a beachside complex of 22 self-contained units with pool, BBQ area and undercover parking • 25-year agreement term with 19 years remaining and 17 units in the letting pool • Consistent trade with a high volume of repeat guests • Large two-bedroom manager's residence with reception/office on title • Operable by an individual or couple, living on or off site