Key Investment Insights
Key Insights:
1. High Return on Assets: The business offers a 20% overall return on assets deployed, making it a lucrative investment opportunity.
2. Strong Holiday Pool: 29 out of the 40 units are in the holiday pool, providing a stable and consistent source of income.
3. Long-Term Agreement: The business has a full term 25-year agreement in place, expiring in 2049, providing security and stability for the new owner.
4. High Revenue and Profit: The business has a gross revenue of over $850,000 and an annual net profit of over $450,000, making it a highly profitable venture.
5. Excellent Ratings: The property has received high ratings of 9.6 on Booking.com and ranks among the top 10% of listings on Travelers Choice - Tripadvisor in the world, indicating its popularity and success among guests.
6. Two Properties in One: The rights consist of two properties with a common boundary, providing the opportunity to run them as one business, increasing the potential for growth and success.
7. Diverse Accommodation Options: The property offers a variety of one, two, and three-bedroom apartments, catering to a wide market of guests and providing different guest experiences.
8. Spacious Manager's Apartment: The ground floor two-bedroom manager's apartment is spacious and offers a beautiful outdoor area with sea glimpses, providing a comfortable and desirable living space for the owner.
9. Under Management or Owner Operated: The business can be operated either under management or by the owner, providing flexibility and options for the new owner.
10. Attractive Asking Price: The asking price of $2,375,000 (Real Estate - $620,000 and Rights - $1,755,000) is attractive, considering the high returns and potential for growth.
Management Rights Multiplier: 3.74
ROI Estimate: 26.71%
