Massive $300,000 Price Crash in Miami - ID 8260

$2,475,000

1 m2

Holiday Management Rights For Sale
Huge Potential Upside  

 

• Vendor needs a quick sale for personal reasons

• 21 years remaining on agreements

• Body Corporate salary of $121,889 + GST

• Renovated 2 bedroom manager's residence with office on title

• 4.5 multiple, overall 15% ROI including residence

• This holiday business is only a stone’s throw from the beach

 

An enthusiastic new operator could potentially increase the net profit by $80,000, and possibly more, thus increasing the capital price of the business by over $350,000 based on today’s market.

 

Net profit $377,876
Total price $2,475,000
(Inclusive of manager's real estate)

 

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

 

Management Rights Broker:
Gerard Dixon

Price $2,475,000
Location Miami
Property ID 8260

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