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Selling Businesses Since 1993

Listing Ref: 4269
Management Rights with Residence

Management Rights – Kings Beach

$745,000
- SOLD SOLD SOLD SOLD
- 3 bedroom/2 bathroom apartment plus secure business for $745,000!
- Annual net income (including guaranteed salary) in excess of $90,000
- Easy walk (80 metres) to patrolled beach, restaurants, cafes & shops
- Facilities include heated swimming pool, sauna & barbecue
- Currently operated by sole manager and no set office hours

$745,000 including 3 bedroom apartment

This is an excellent opportunity to buy into the Management Rights industry which is frequently referred to as the ultimate home-based business and, like most others, this particular Management Rights business allows you to work from your own apartment within the same building that you will be paid to manage. Consider what’s on offer:
• 3 bedroom / 2 bathroom breezy, modern apartment plus garage & office for $425,000
• Secure business with annual net income in excess of $90,000 including guaranteed Body Corporate salary (indexed annually) plus all necessary stock & equipment for $320,000 (representing a multiple of less than 4)
• Total price of apartment & Management Rights business $745,000
• Located in the fabulous Kings Beach area within an easy 80 metre walk of the patrolled surf beach, restaurants, cafes & shops
• Facilities of the apartment complex include heated swimming pool, sauna & poolside barbecue – available for the use of guests as well as the on-site managers
• No set office hours and currently operated by sole manager – manager simply must be contactable
• This relatively stress-free business could easily be run by one person (as is the present case) or a combination of owner/manager + an assistant
Where else can you find a secure home-based business in a beachside location with such features & benefits and at such a reasonable price? Also, the current manager will stay on for a period to help familiarize the new owner with the operating systems & procedures.

Management Rights Business SOLD by Bizbrokers Business Sales

Contact: Chris Greenfield
(07) 5477 5000 0407 793 994
(07) 5477 5000 0407 793 994
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