Ashmore, Queensland
Business-Only Management Rights Opportunity with super supportive committees
SOLD
Business Description
An exceptional business only management rights opportunity is available, offering a net profit exceeding $152,000 annually. This opportunity is underpinned by a substantial Body Corporate (BC) salary of over $129,000, which represents more than 84% of the net profit. Notably, the agreements include a salary increase of 5% or greater, ensuring a growing income stream over time.
High Proportion of BC Salary: The BC salary constitutes over 84% of the net profit, providing a stable and predictable income. This structure minimises reliance on variable income sources, enhancing financial security.
* Significant Net Profit: With a net profit surpassing $152,000 per annum, this opportunity ensures a lucrative return on investment.
* Substantial BC Salary: The BC salary exceeds $129,000 annually, reflecting the value placed on the caretaking services provided.
* Salary Increment Provisions: The agreements incorporate a salary increase of 5% or greater, ensuring that the BC salary keeps pace with or exceeds inflation, thereby
maintaining the Net Profit.
* Business-Only Model: This opportunity does not require the purchase of real estate or on-site residence, offering flexibility and reducing capital outlay.
* No Set Office Hours: The absence of mandated office hours allows for flexible management, enabling a balanced lifestyle.
* Long-Term Agreements: The management rights come with long-term agreements, providing stability and ample time to capitalize on the investment.
This opportunity is ideal for both first-time buyers seeking a stable, low-maintenance business and experienced operators aiming to expand their portfolio. The high proportion of income derived from the BC salary, coupled with the significant net profit and salary increment provisions, ensures a secure and growing revenue stream.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $152,434 Remuneration / Body Corp Salary: $129,901
Complex Information
Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 7Owner Occupy Units: 37Outside Agent Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Key Investment Insights
1. The business for sale is a management rights opportunity with a high net profit of over $152,000 annually.
2. The opportunity is supported by a substantial Body Corporate (BC) salary of over $129,000, which makes up over 84% of the net profit.
3. The agreements include a salary increase of 5% or greater, ensuring a growing income stream over time.
4. The high proportion of BC salary provides a stable and predictable income, minimizing reliance on variable sources.
5. The opportunity does not require the purchase of real estate or an on-site residence, offering flexibility and reducing capital outlay.
6. There are no set office hours, allowing for flexible management and a balanced lifestyle.
7. The management rights come with long-term agreements, providing stability and ample time to capitalize on the investment.
8. This opportunity is suitable for both first-time buyers and experienced operators looking to expand their portfolio.
9. The high proportion of income derived from the BC salary, coupled with the significant net profit and salary increment provisions, ensures a secure and growing revenue stream.
10. The business is managed by Ras360, a specialist in management rights, motels, hotels, pubs, and parks.
