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DealProspect/Listings/Hospitality & Tourism

Beach Resort Management Rights – QLD

Management Rights

ActiveHospitality & TourismB2C
Asking price
$650,000
Disclosed · AUD
Revenue
Earnings (est.)
~$110,302
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Management rights over 14 of 19 self-contained, 2-bedroom townhouse units in an absolute beachfront resort
  • Body Corporate Agreement runs to 27 February 2038 with an option to extend
  • Includes two offices, a 50-seat restaurant and bar, function room, two saltwater pools and spa
  • Manager's unit recently renovated; all accommodation units fitted with new white goods and televisions
  • Solar power and solar hot water servicing the kitchen, offices, restaurant and manager's unit
  • First time the property has come to market, with high occupancy and further growth potential