Priced Below Market at 17% ROI - All Offers Considered - ID 8133

$2,900,000

Management Rights For Sale
Wonderful holiday business with full resort facilities including a busy externallly operated coffee shop.

 

  • Very low 4.31 multiplier considering net of circa $500,000
  • Absolute gem located on the northern end of the Gold Coast
  • Full resort style facilities including roof top pool and spa
  • Great repeat trade, very popular destination for families
  • Long agreements with Body Corporate salary of over $200,000
  • 2 bedroom, 1 bathroom manager's residence with private balcony
  • Exclusive use office
  • Ample storage
  • Upside potential with maintenance income. Cleaning fees have not been increased for 5 years and salary increase due in July.

 

Boasting a prime location on the Gold Coast Broadwater, this is a thriving business and an ever popular destination for families seeking a relaxing holiday. Just a short drive to theme parks and only 10 minutes to the heart of Surfers Paradise.

 

The high net income is sufficient to support two families or an investment group, plus there is considerable growth potential as well. 

 

Net Profit: $499,330
Asking Price: $2,900,000
(Inclusive of manager's real estate)

 

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

 

Management Rights Brokers
Phil Trimble & Gerard Dixon

 

Price $2,900,000
Location Biggera Waters
Property ID 8133

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