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Business-Only Management Rights Opportunity with super supportive committees
$840,000 - Business Only
Permanent Management Rights, ASHMORE QLD
An exceptional business only management rights opportunity is available, offering a net profit exceeding $152,000 annually. This opportunity is underpinned by a substantial Body Corporate (BC) salary of over $129,000, which represents more than 84% of the net profit. Notably, the agreements include a salary increase of 5% or greater, ensuring a growing income stream over time.
High Proportion of BC Salary: The BC salary constitutes over 84% of the net profit, providing a stable and predictable income. This structure minimises reliance on variable income sources, enhancing financial security.
* Significant Net Profit: With a net profit surpassing $152,000 per annum, this opportunity ensures a lucrative return on investment.
* Substantial BC Salary: The BC salary exceeds $129,000 annually, reflecting the value placed on the caretaking services provided.
* Salary Increment Provisions: The agreements incorporate a salary increase of 5% or greater, ensuring that the BC salary keeps pace with or exceeds inflation, thereby
maintaining the Net Profit.
* Business-Only Model: This opportunity does not require the purchase of real estate or on-site residence, offering flexibility and reducing capital outlay.
* No Set Office Hours: The absence of mandated office hours allows for flexible management, enabling a balanced lifestyle.
* Long-Term Agreements: The management rights come with long-term agreements, providing stability and ample time to capitalize on the investment.
This opportunity is ideal for both first-time buyers seeking a stable, low-maintenance business and experienced operators aiming to expand their portfolio. The high proportion of income derived from the BC salary, coupled with the significant net profit and salary increment provisions, ensures a secure and growing revenue stream.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $840,000 - Business Only
- Net Income: $ 152,434
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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