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DealProspect/Listings/Hospitality & Tourism

Low-Maintenance Management Rights, Southport

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,300,000
Disclosed · AUD
Revenue (est.)
~$922,583
Estimated · comparable listings of this type and size
Net Profit
$230,000
Implied multiple
5.7×
asking / earnings
Brief
  • Effortless, low-maintenance holiday letting business
  • Office on title minimises real estate outlay
  • Manager only required for office-hours check-in and emergencies
  • No requirement to reside on site
  • Consistent 65% occupancy with growth potential
  • Letting pool of 16 holiday lets and 2 permanent rentals