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DealProspect/Listings/Hospitality & Tourism

Management Rights Business, Auckland City

Management Rights

ActiveHospitality & TourismB2C
Asking price
$585,000
Disclosed · NZD
Revenue (est.)
~$1,017,391
Estimated · comparable listings of this type and size
Earnings (est.)
~$188,357
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Management rights business in Auckland City with 28 apartments in the current letting pool (B2C).
  • A generous body corporate package and established income awaiting a new owner.
  • Walking distance to Eden Park and across from Kingsland Train Station.
  • Ideally suited to an individual or couple seeking a lifestyle/income balance; now $585,000 (was $650,000).