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DealProspect/Listings/Hospitality & Tourism

Management Rights, Birtinya

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$2,650,000
Disclosed · AUD
Revenue (est.)
~$1,355,211
Estimated · comparable listings of this type and size
Net Profit
$337,854
Implied multiple
7.8×
asking / earnings
Brief
  • Large-scale management rights business on the Sunshine Coast across 140 apartments
  • Established letting pool of 47 apartments with clear upside to grow
  • Recently topped-up agreements provide 22 years of tenure
  • Body corporate salary representing the majority of net profit, delivering secure recurring income
  • Well-priced manager's residence keeping overall entry cost accessible