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DealProspect/Listings/Hospitality & Tourism

Management Rights, Redcliffe

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,500,000
Disclosed · AUD
Revenue (est.)
~$686,868
Estimated · comparable listings of this type and size
Net Profit
$160,521
Implied multiple
9.3×
asking / earnings

Brief

  • High body corporate salary with 22 years remaining on accommodation module agreements
  • Manageable caretaking duties covering pool, gym and barbecue area
  • No set office hours, offering flexible lifestyle management
  • Spacious three-bedroom, two-bathroom residence with office on title, two balconies and two car spaces
  • Requirement to live onsite, in a prime beachside position opposite Suttons Beach
  • Upside to convert 12 externally managed units back into the letting pool

Management rights businesses in Queensland

All 146
Listed
146
+10 in 30 days
Median asking
$1.8M
99 priced
Earnings multiple
6.5×
86 listings
Time listed
33d
21 tracked
Price drops
4
in 30 days
Asking price spread99 of 146 state a price
This listing · $1.5M
14%
42%
34%
1%
$100K–$250KOver $5M

New South Wales 8 · Victoria 8

Cafes 257 · Takeaways 156 · General retail businesses 142 · Restaurants 115 · Automotive workshops 89 · Building and construction businesses 71