Entry Level Caretaking Only
$150,000
Permanent management rights, Maroochydore QLD
For sale is this low maintenance permanent complex being offered to the market for the first time in 22 years. Perfect for a couple or single operator seeking to live in close proximity to the river and its many attractions while earning a steady income. Located near a small shopping complex and tavern, this business offers the perfect balance of convenience and relaxation.
One of the main benefits of this business is there is no real estate to purchase. The complex is immaculately kept, and with a streamlined operation making it is one of the easiest management rights businesses to run that we have seen.
In addition, the vendor will seek a top-up of the agreements to 10 years upon sale, providing even more security and stability for the buyer. Don't miss out on this opportunity to live and work in a stunning location while running a thriving business. Contact us today to arrange a viewing and find out more
More Information
- Total Purchase Price: $150,000
- Net Income: $ 50,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.0
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours