This is the business you've been searching for! With a 25-year agreement and 21 years remaining, it offers great potential. Operating without a designated office or unit provides flexibility for new management. There are no fixed office hours, allowing for quick responsiveness and adaptability to emerging needs. Plus, the focus is solely on low-maintenance gardens, eliminating the need to manage lawns. This arrangement presents an excellent opportunity for a dynamic and efficient operation.25 Year agreement
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Under Contract / OfferNet Profit: $110,592Remuneration / Body Corp Salary: $66,875
Complex Information
Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 23Owner Occupy Units: 23Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 21 years
1. 25-year agreement with 21 years remaining provides stability and potential for long-term growth.
2. No designated office or unit allows for flexibility and adaptability.
3. No fixed office hours allows for quick responsiveness to emerging needs.
4. Focus solely on low-maintenance gardens eliminates the need to manage lawns.
5. Dynamic and efficient operation with potential for growth.
6. Net profit of $110,592 provides a strong financial foundation.
7. Remuneration/Body Corp Salary of $66,875 offers additional income.
8. Complex is of permanent type with a total of 51 units.
9. 23 units in the letting pool provide a steady source of income.
10. 23 owner-occupied units offer potential for future growth.
11. Only 5 outside agent units, providing a strong control over the complex.
12. 25-year agreement offers security and stability for potential buyers.
13. Agreement term remaining of 21 years provides long-term potential for growth.
14. Located in Capalaba, a desirable and growing area in Queensland.
15. Specializing in management rights, motels, hotels, pubs, and parks, the business has a strong focus and expertise in the industry.