Key Investment Insights
1. The business is currently owned by a consortium and is ready to be sold after many successful years of operation.
2. The manager's residence boasts ocean views and is listed at market price.
3. The committee is supportive and proactive, creating a positive working environment for the manager.
4. The high salary for the manager is above $200,000, providing a lucrative income opportunity.
5. The financials include wages and workcover expenses of over $100,000, ensuring transparency and accuracy in the business's financials.
6. There is potential for growth with over 20 lock up apartments, providing the opportunity to expand the business and increase profits.
7. The property includes a storage and linen room on title, as well as additional exclusive use areas.
8. The holiday resort offers a range of facilities such as a heated pool, sauna, and tennis court, providing a desirable destination for holiday-goers.
9. The return on investment is 14%, including the manager's real estate, making it a highly profitable business opportunity.
10. The business is located in the Gold Coast, known as the premium holiday destination in Australia, providing a desirable location for both tourists and business owners.
11. The net profit for the business is $1,200,000, making it a highly lucrative opportunity.
12. The asking price for the business is $8,700,000, which includes the manager's real estate.
13. Confidentiality conditions apply, ensuring the privacy and security of the business's information.
14. For further information or to arrange an inspection, interested parties can contact the management rights brokers, Phil Trimble and Gerard Dixon.
15. The property code for the business is 948, providing a unique identifier for interested buyers.
Management Rights Multiplier: 6.00
ROI Estimate: 16.67%