Management Rights - Bracken Ridge

Management Rights - Bracken Ridge — Hospitality & Tourism · Bracken Ridge · Asking $2,075,000 · Net Profit $301,400

Management rights complex on Brisbane's north side Spacious manager's residence with office on title Units in the letting pool with low vacancy Suited to a husband-and-wife team working part time Supportive body corporate with contracted maintenance

DealProspect/Listings/Hospitality & Tourism

Management Rights - Bracken Ridge

Management Rights

ActiveHospitality & TourismQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$2,075,000

Disclosed · AUD

Revenue (est.)

~$826,206

Estimated · comparable listings of this type and size · typically within ±35%

Net Profit

$301,400

Implied multiple

6.9×

asking / earnings

Brief

Management rights complex on Brisbane's north side
Spacious manager's residence with office on title
Units in the letting pool with low vacancy
Suited to a husband-and-wife team working part time
Supportive body corporate with contracted maintenance

How it compares

Management rights businesses in Queensland · asking prices

In line with past management rights businesses like it

Past management rights businesses like it ask a median 5.7× earnings. On its $301,400 earnings, that points to about $1,720,000; reads like this are typically within 25%, so $1,290,000 to $2,150,000. It asks $2,075,000, inside that range.

Asking price: $2,075,0002.4 times the median of $870,000
Time listed: 104 daysno price change

Management rights businesses in Queensland

Management rights businesses for sale in Queensland (21) →

Listed

+1 in 30 days

Median asking

$870K

15 priced

Earnings multiple

2.9×

38 listings

Asking price spread15 of 21 state a price

This listing · $2.1M

40%

$100K–$250K$2.5M–$5M

Australia 26

Cafes 142 · Takeaways 107 · Automotive workshops 75 · Restaurants 74 · General retail businesses 63 · Manufacturing businesses 56

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