Business-Only Management Rights, Mitchelton

Business-Only Management Rights, Mitchelton — Hospitality & Tourism · Mitchelton, Brisbane · Asking $1,173,000 · Net Profit $230,856

Business-only management rights, no onsite residency requirement and no office hours Strong letting of 42 of 45 units, with 80% held by long-term fund investors Manageable caretaking duties, no pools, BBQs or recreational facilities to manage Low-maintenance gardens designed for operating efficiency 9.6km from Brisbane CBD with a direct 15-minute train commute

DealProspect/Listings/Hospitality & Tourism

Business-Only Management Rights, Mitchelton

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$1,173,000

Disclosed · AUD

Revenue (est.)

~$987,831

Estimated · comparable listings of this type and size

Net Profit

$230,856

Implied multiple

5.1×

asking / earnings

Brief

Business-only management rights, no onsite residency requirement and no office hours
Strong letting of 42 of 45 units, with 80% held by long-term fund investors
Manageable caretaking duties, no pools, BBQs or recreational facilities to manage
Low-maintenance gardens designed for operating efficiency
9.6km from Brisbane CBD with a direct 15-minute train commute

Management rights businesses in Queensland

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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

in 30 days

Asking price spread99 of 146 state a price

This listing · $1.2M

14%

42%

34%

$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

Priced like this one

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