Summary
Recession, Covid Proof Business, guaranteed Income $250,000 P/Y which is 55% P/Y Return on your money owner/operator managing highly profitable Owners Corporation management Asking Price $470,000
Revenue
$250,000 pa
Location Details
Buildings Metropolitan Melbourne area.
Potential
Highly profitable Owners Corporation management business, current 2 to 3-year contracts giving new owners/company security of income over the years with the opportunity to increase portfolio and income in the Strata Industry.
Opportunity for a foothold in the strata industry or an addition to current real estate or strata portfolio. The strata property sector continues to grow strongly and the need for administrators.
Skills
You must have experience in strata management, real estate, accounting, legal, or a related industry and the motivation and drive to provide great customer service to Owners of Corporations.
Hours
Open 5 days per week, closed on weekends and Public holidays and 2 weeks over Xmas
Reason for Sale
Retirement
About the Business
Currently, the business has an annual revenue of approximately $250,000 Inc GST and growing annually. It is a business with a guaranteed reliable and regular cash flow, low expenses and high-profit earnings.
Further specifics on the business, including financial information, will be disclosed to qualified applicants upon execution of a confidentiality agreement.
Skills
Strata Community Association VIC
Current Owners are members of Strata Community Victoria 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 this pathway offers 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 managers.
Training provided
Initial and ongoing training if required on every aspect of operation for six months is provided by the current owners, along with accreditation and training, via professional industry body Strata Community Association Victoria and the software developers Strataware/Urbanise. The current managers will work alongside the new owners with the committees, building managers, and contractors involved in the Owners Corporations portfolio during these first six months.
## Asking price $470,000.00 Inc GST
Turnover $250,000 Per Year
*Open 5 days per week, closed on weekends
*Full support and training provided by the current owners for six months.
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