Profitable Accommodation Business With Growth Potential

Coffs Harbour, New South Wales 2450

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 15% commission
  • $80K yearly strata fee
  • Two new 10-year agreements
  • Manages 45 to 50 self-contained apartments
  • Two pools, BBQ areas and gardens
  • Modern RMS, VoIP, website; no disputes 10+ years
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Operating for nearly two decades

Business Details

Business Category Management Rights

This is an excellent chance to own a high-performing coastal accommodation business in the coastal region of NSW.

Operating for nearly two decades, the business manages 45 to 50 self-contained apartments within a 66-lot residential and commercial complex.

With minimal competition on its scale, it stands out as a leading provider in the region.

Two newly secured 10-year agreements emphasise stable, long-term income streams, including commission on an annual letting pool, strata management fees and reimbursable expenses. Supported by experienced staff and modern systems, the business offers further growth through expanding the letting pool, streamlining operations and exploring development potential.
• 15% commission
• $80K yearly strata fee
• Two new 10-year agreements
• 45 to 50 units managed
• Two pools, BBQ areas, gardens
• RMS system, VoIP, website
• No disputes in 10+ years

Profits and potential - contact Dan now.

Listing ID:NSW11785

Broker: Dan Friedman
Phone: XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the vendor.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Accommodation, Coastal, Holiday

Ref: NSW11785

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Ref: NSW11785
Timestamp: XXXXXXXXXX 0016

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
LINK New South Wales LINK New South Wales
Dan Friedman CPA CGMA ACMA

Bsale ID: 664567