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Alex Seaside Resort - Surf, Sand, and just painted and renovated.
$2.105M MR&$790k Unit = Total $2.895M
Resort / Holiday Management Rights, ALEXANDRA HEADLAND QLD
This is the one you have been looking for. With the current owners looking to downsize as they head towards a well-deserved retirement, this is your chance to own a Prime Short Term/Holiday Management Rights. Seize this rare chance to own the management rights to the renowned Alex Seaside Resort. With 18.5 years remaining on the accommodation module agreements, this is a secure and profitable investment in a stunning location.
Financial Highlights:
Nett Profit: $391,091 (Report prepared by Holmans, Leading Industry Accountants)
Caretaking Remuneration: $117,159 with yearly CPI or 5% increases due Sept 2024
Lifestyle Perks:
Live the dream in a spacious 2-bedroom, 2-bathroom ground floor manager's unit which includes a front and back office, both on title.
Located directly across the road from the beautiful Alexandra Headlands Beach.
True husband and wife run business with cleaning and front desk support included in the P&L.
Why Invest in Alex Seaside Resort?
Profitable and Proven: Enjoy consistent revenue and solid financial performance with post COVID year on year growth
Prime Location: Alexandra Headlands is a coveted destination, ensuring high occupancy rates from interstate travellers and locals alike
Exceptional Lifestyle: Enjoy the perks of beachfront living while managing a thriving business.
All the hard work is done: The building and common areas will be completely repainted and upgraded before you take over!
Dont miss this unparalleled opportunity to combine a profitable business with a desirable Sunny Coast lifestyle. Contact Nathan Eades today on 0448 339 920 to learn more about this exclusive listing or click the enquire button.
**Ras360 Property Solutions Hotels, Motels, Pubs, Parks & Management Rights**
More Information
- Total Purchase Price: $2.105M MR&$790k Unit = Total $2.895M
- Net Income: $ 391,091
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 790,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?