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DealProspect/Listings/Hospitality & Tourism

Management Rights - Everton Park

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,150,000
Disclosed · AUD
Revenue (est.)
~$854,228
Estimated · comparable listings of this type and size
Net Profit
$212,959
Implied multiple
5.4×
asking / earnings
Brief
  • Business-only management rights sale in Everton Park, 7km from Brisbane CBD
  • 21 years remaining on accommodation module agreements providing long-term security
  • No real estate to purchase and no requirement to live onsite, with an upscale office provided
  • High-end, low-maintenance facilities including pool, gym and barbecue area
  • Scope to convert external rentals back into the letting pool
  • Close to Kedron Brook walking paths, Everton Plaza, express buses and Enoggera train station