Management Rights Business with Apartment – Mission Beach, QLD

14 days ago

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Coast to Coast Business Sales
 

Internal Ref: 2088

Summary

200m from the Beach - Income 21/22 $166K - Forward Bookings until 2024. Mission Reef Resort has been operating successfully as an accommodation provider since 2005.

Location Details

BS144559 Holland Street

About the Business

Business ID: BS144559

200m from the Beach - Income 22/23 $287K - Forward Bookings until 2024

Mission Reef Resort has been operating successfully as an accommodation provider since 2005. The business has traded steadily through COVID and continues to grow yearly. Offering a relaxed lifestyle just 200m from the beach, this excellent investment includes forward accommodation bookings through till 2024.

- Total income $287,015.46 and Net profit $187,814.3

- Excellent sea change lifestyle -Quiet residential area

- Very easy to manage -No set office hours

- Long caretaking agreement in place with supportive body corporate

- Experienced reliable housekeepers in place

- 2km from Woolworths Supermarket, 7km from Mission Beach township

- Easily maintained tropical gardens, pool/BBQ area, spa, large carpark

- Reservation system installed for ease of bookkeeping/accounting

- Holiday and business/tradesmen bookings with Government accommodation contracts in place

- Recently renovated Manager’s Apartment with 2-bedroom, 2-bathroom with new dishwasher, oven, rangehood and granite benchtops and 3 x Air conditioners

- Private courtyard garden and clothesline -Reception office attached on title

- All stock on hand for immediate takeover including vacuum cleaners, cleaning equipment and motel supplies

- One week training with existing management plus ongoing phone support

Mission Reef Resort offers 3 separate buildings within the complex, each housing 5 x 2-bedroom apartments which can be dual key let (26 rooms available)

Easily run by one-person full time or a couple part-time, there is room for further growth by providing room service, breakfast, and happy hour platters.

Price: $720,000 Open to Negotiation - includes Business + Apartment

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