Management Rights - Furnished Studio & Apartment Complex
Management Rights
ActiveHospitality & TourismB2C
Asking price
$695,000
Disclosed · AUD
Revenue (est.)
~$757,810
Estimated · comparable listings of this type and size
Net Profit
$188,922
Implied multiple
3.7×
asking / earnings
Brief
- Management rights business over a complex of 29 furnished studio, one-, two- and family apartments.
- 15 of the units currently in the letting pool, with 2 more to be added.
- Owner-operated by a long-term husband-and-wife team.
- Includes a one-bedroom manager's unit with reception/office on title.
- Facilities include a saltwater pool, BBQ area, secure parking and a tennis court.
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000