Ballina, New South Wales

MANAGEMENT RIGHTS BUSINESS OUTSTANDING BUYING EXCELLENT PROFITS

SOLD

Business Description

OUTSTANDING BUYING AT A 2.35X MULTIPLIER. MUST SELL VENDOR HAS COMMITTMENTS OVERSEAS.

A great lifestyle business opportunity in a booming location. Easy to operate letting business only with no caretaking duties. No requirement to live on site and no set office hours. This is outstanding opportunity to enter the management rights industry.

- Strong Returns

- No set office hours

- No requirement to live on site (office and reception to purchase only)

- Booming region

- Opportunity for existing business to operate as an add on

- Fantastic amenities

- Excellent location

- Net Profit $289,800

Don’t miss out book an inspection today!

Property Code: 1027

Business Summary

Complex Information

Complex Type: HolidayTotal Units in Complex: 22Total Units in Letting Pool: 10Owner Occupy Units: 19Outside Agent Units: 3Indoor Pool: YesGym: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Strong returns with a net profit of $289,800.
2. No set office hours, allowing for flexible work schedule.
3. No requirement to live on site, only need to purchase office and reception.
4. Located in a booming region, providing potential for growth.
5. Opportunity for existing business to operate as an add-on.
6. Fantastic amenities, including an indoor pool and gym.
7. Excellent location.
8. Complex type is holiday, providing potential for high occupancy rates.
9. Total of 22 units in complex, with 10 units in letting pool.
10. Owner occupancy of 19 units, providing potential for stable income.
11. Only 3 units managed by outside agents, allowing for more control over operations.