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DealProspect/Listings/Hospitality & Tourism

Beachside Management Rights, Coolangatta

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$3,390,000
Disclosed · AUD
Revenue (est.)
~$2,004,065
Estimated · comparable listings of this type and size
Net Profit
$468,350
Implied multiple
7.2×
asking / earnings

Brief

  • Management rights business at a beachside resort in Coolangatta on the Gold Coast
  • 25 units in the short-term letting pool out of 55 total apartments and villas
  • 25 years remaining on the accommodation module agreements
  • Two-bedroom, two-bathroom manager's residence with office on title
  • Premium facilities include pool, gym, sauna and secure underground parking
  • Manageable caretaking duties with no set office hours

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 · $3.4M
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