Business For Sale - Montville Money Maker - ID 8861 BL
Management Rights For Sale
This short term let management rights would be suitable for an experienced accommodation operator or marketing savvy person/couple wanting to enter management rights. It is ideally suited to romantic couple getaways, or the wedding and small conference market with top quality rooms and an onsite bar/restaurant.
A main highlight is that this business has had minimal disruption from Covid-19 and has good forward bookings including functions.
Main features are:
- No need for manager to live onsite
- No set hours in the agreements
- 21 units of mixed sizes from studio to 2 beds, all with a standard 4.5 star fit-out
- Short term letting only - not zoned for owners living onsite
- Minimal grounds & gardens - no pool or BBQ area to maintain
- As new building, 21 years on agreements & good Body Corporate
Adjoining your new business is an onsite Bar & Restaurant that caters for your guests and outside patrons. This could also be bought or leased if required. This location is an extremely popular place for weddings and a new chapel has just opened next door to this property - the benefits of this are only just starting to show on your bottom line.
Perched high on the hill, yet only 30 mins from the coast Montville is a tourist hotspot that has a European Village vibe. It has something for everyone, from wineries to cheese factories, from crafty shops to world class dining. This is a great alternative to a coastal getaway and it is less than 90 mins to the Brisbane CBD.
This building will impress!
Net Profit: $400,000 + 2020/2021
Asking Price: $2,000,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Sunshine Coast management rights business for sale contact:
Management Rights Broker
Body corp salary review: CPI Annually
Complex InformationTotal Units in Complex: 0Agreement Module: Accommodation