Franchised Owners Corporation Management (GLOC016b)

12 days ago

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Internal Ref: 6728

Summary

Owners Corporation management business with a guaranteed reliable and regular cashflow, low expenses and high profit earnings. Asking $590k

About the Opportunity

National Franchised owners corporation business servicing Melbourne's inner suburbs. Annual revenue of approximately $213,000.00 (ex. GST) and growing annually. Guaranteed reliable and regular cashflow, low expenses and high profit earnings.

Skills

Strata Community Association VIC
Current Owners are members of Strata Community Victoria of the peak industry body that has implemented a self-regulatory accreditation pathway to provide a profile for body corporate managers and standards on which consumers rely on this pathway offering an accredited and certified strata community manager which reflects the degree of professional development managers have undertaken and their level of continuing professional development.

SCA Victoria accreditation pathway provides consumer confidence professional credentials and objective criteria for assessing strata manager.

No of Owners Corporation Buildings: 19
No of Lots: 461
Management Fees - $128,000.00 ex. GST
Current Length of Contracts 2 or 3 Years
Insurance Commissions - $55,000.00 ex. GST
Disbursements - $16,000.00 ex. GST

Asking price $550,000.00 plus $40,000.00 Franchise Fee.

For further information please contact Gary Lay on 03 9888 6488 or 0407 526 431 or email
gary@wollermann.com.au

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