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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