Visit this listing at https://www.sbx.com.au/business?id=TTQH1050D

Business Code: TTQH1050D

Key Features: Management Rights - Surfers Paradise Location - Sales $10,041 p.w.

State: QLD

Suburb: Surfers Paradise, 4217

Location: Situated in prime Gold Coast tourist area.

Description

Management rights of beach front apartments equipped with private balcony, fully equipped kitchen, individual laundry and dryer. - All non-smoking apartments. - 52 units currently under these management rights - the building has 181 units in total. - House keeping services available - Hinterland and ocean views - 2 bedroom unit for the on-site manager / owner operator

Summary

  • Features: 10 year long agreement. - Beachfront apartments.
  • Potential: Get more units in same building to increase profit. - Could run under full management.
  • Premises: These premises have an area of approx. 2 acres. - Absolute beachfront apartments with direct access to the beach.
  • Trading Hours: 7 days - Mon. - Sun. - 9 a.m. - 9:30 p.m.
  • Lease: Current agreement expires Dec. 2027
  • Employees: Owner operator
  • Comments: Profit and loss figures available after meeting the vendor. - Vendor is willing to provide finance with 50% non-refundable deposit.

Weekly Summary

Weekly Takings (inc GST)

$10,041

Cost of Goods

$2,331

Gross Profit

$7,710

Misc1

$765

Total Expenses

$765

Net Profit

$6,945

Price

$2,100,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Management Rights - Tourist Accommodation

Business Code: TTQH1050D

Key Features: Management Rights - Surfers Paradise Location - Sales $10,041 p.w.

State: QLD

Suburb: Surfers Paradise, 4217

Location: Situated in prime Gold Coast tourist area.

Description

Management rights of beach front apartments equipped with private balcony, fully equipped kitchen, individual laundry and dryer. - All non-smoking apartments. - 52 units currently under these management rights - the building has 181 units in total. - House keeping services available - Hinterland and ocean views - 2 bedroom unit for the on-site manager / owner operator

Summary

  • Features: 10 year long agreement. - Beachfront apartments.
  • Potential: Get more units in same building to increase profit. - Could run under full management.
  • Premises: These premises have an area of approx. 2 acres. - Absolute beachfront apartments with direct access to the beach.
  • Trading Hours: 7 days - Mon. - Sun. - 9 a.m. - 9:30 p.m.
  • Lease: Current agreement expires Dec. 2027
  • Employees: Owner operator
  • Comments: Profit and loss figures available after meeting the vendor. - Vendor is willing to provide finance with 50% non-refundable deposit.

Weekly Summary

Weekly Takings
(inc GST)

$10,041

Cost of Goods

$2,331

Gross Profit

$7,710

Misc1

$765

Total Expenses

$765

Net Profit

$6,945

Price

$2,100,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.