Management Rights Business – Auckland CBD

Management Rights Business – Auckland CBD — Hospitality & Tourism · Auckland CBD · Asking $1,050,000 · SDE $300,000

Management rights business for a 134-unit residential apartment complex in Auckland CBD 66-key letting pool under a long-term agreement to December 2044 Manager's apartment, self-contained office and secure car park included Building amenities include a swimming pool, tennis court and gym Opportunity to grow the letting pool and increase profitability

DealProspect/Listings/Hospitality & Tourism

Management Rights Business – Auckland CBD

Management Rights

ActiveHospitality & TourismAucklandB2B & B2C

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Asking price

$1,050,000

Disclosed · NZD

Revenue (est.)

~$1,454,898

Estimated · comparable listings of this type and size

Earnings

$300,000

Implied multiple

3.5×

asking / earnings

Brief

Management rights business for a 134-unit residential apartment complex in Auckland CBD
66-key letting pool under a long-term agreement to December 2044
Manager's apartment, self-contained office and secure car park included
Building amenities include a swimming pool, tennis court and gym
Opportunity to grow the letting pool and increase profitability

Priced like this one

nearest on the figure this listing states