Broadbeach, Queensland
Management Rights - Opportunity for Active Equity Managers in Broadbeach
SOLD
Business Description
A unique opportunity presents for experienced equity active managers. This well-established central Broadbeach beachfront resort complex offers a fantastic return on investment.
A 15% share is available for an active couple/operator. The equity required is $254,600 (total cost of share $602,000) for a return of approx. $148,400 (includes Managers salary plus return on equity investment) which equates to a 58% ROI. In addition to this the active managers are provided with a two bedroom, two-bathroom refurbished ground floor unit for their own private use (approximate benefit of $40,000).
The complex features an outdoor pool, BBQ area, tennis court and secure car parking. The current active managers are set to retire after many years in the building. Due to strong growth and repeat visitors, the current silent equity investors are not looking to sell, emphasising confidence in the current business model.
Net: $148,400
Property Code: 1047
Business Summary
Key Investment Insights
Key insights for this business for sale listing include:
1. Unique opportunity for experienced equity active managers to invest in a well-established beachfront resort complex in central Broadbeach.
2. A 15% share is available for an active couple/operator, with an equity requirement of $254,600 for a return of approx. $148,400 (includes Managers salary plus return on equity investment), equating to a 58% ROI.
3. Active managers are also provided with a two bedroom, two-bathroom refurbished ground floor unit for their own private use, with an approximate benefit of $40,000.
4. The complex features an outdoor pool, BBQ area, tennis court and secure car parking.
5. The current active managers are set to retire after many years in the building, highlighting the stability and success of the business.
6. Strong growth and repeat visitors have led to the current silent equity investors not looking to sell, demonstrating confidence in the current business model.
7. Net profit for the business is $148,400.
8. Property code for the listing is 1047.
9. The managers unit is a feature of the business, providing comfortable and convenient accommodation for the active managers.
10. The complex information includes details on the outdoor amenities, such as the pool, BBQ area, and tennis court, as well as the secure car parking.
