Management Rights Business with Apartment – Mission Beach, QLD

Mission Beach QLD
Asking Price $720,000
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

Property Code: 2088
Contact this seller
Listed By:
Contact this seller
Listed By: