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DealProspect/Listings/Hospitality & Tourism

Management Rights, Kiama

Management Rights

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$1,370,000
Disclosed · AUD
Revenue (est.)
~$705,548
Estimated · comparable listings of this type and size
Net Profit
$175,893
Implied multiple
7.8×
asking / earnings
Brief
  • Prime central Kiama location steps from beaches, cafes and boutique shops
  • No requirement to live onsite, providing operational flexibility
  • No set office hours, with a streamlined key lock box system
  • Seven years remaining on agreements, supported by a history of successful top-ups
  • Short-stay only apartments, all included in the letting pool
  • Well-established business in a renowned, tightly held coastal tourist market