Surfers Paradise, Queensland
Easy Peasy Caretaking!!
$140,000
Business Description
Easy Peasy Caretaking!!
Caretaking Just Minutes From The Beach!!
This compact complex in Surfers Paradise is situated in the perfect vacation area - just minutes from the beach. The complex features a lovely swimming pool and barbecue perfect for those idle afternoons to be able to sit and chat with friends and family. Images might not depict this complex.
On offer, a long term agreement, no need to reside onsite and no real estate to purchase.
Be quick to stake your claim.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $140,000
Net Profit: $38,000 Remuneration / Body Corp Salary: $38,000
Key Investment Insights
1. Located in Surfers Paradise, minutes from the beach, strong holiday destination appeal.
2. Compact complex footprint, implying a manageable workload and lower on-site demands.
3. Communal amenities include a swimming pool and barbecue, enhancing resident satisfaction and caretaking relevance.
4. Business offered under a long-term agreement, suggesting income stability and predictable contract tenure.
5. No requirement to reside onsite, allowing remote management or flexibility in living arrangements.
6. No real estate purchase required, reducing capital outlay and simplifying transaction.
7. Asking price $140,000 with reported net profit and owner remuneration of $38,000, indicating an earnings multiple of approximately 3.7.
8. Net profit equals the stated remuneration/body corporate salary, suggesting owner income is directly tied to business earnings.
9. Images may not depict this complex, signalling buyers should verify asset condition and amenities prior to contracting.
10. Contact given as Gavin for inspections, indicating an active vendor representative and straightforward inspection process.