Southern Area – Remuneration / Net Profit at 82%, Net Profit $181,000

This management rights business offers a highly stable and secure income, with 82% of total revenue derived from remuneration and net profit. The business generates a net profit of $181,000, including:
– $149,000 remuneration, adjusted annually in line with CPI or a minimum of 3%
– $32,000 letting pool commissions
The business component is priced at $980,000.

Key Features
– Prime Southern District Location
Situated in the sought after Eight Mile Plains area.
– Strong Income Structure
82% of revenue from remuneration and net profitideal for buyers seeking stability.
– 20 Years Remaining on Agreement, Simple to manage.
– No Office Hours Required
Flexible lifestyle with no onsite office obligations.
– No Requirement to Live Onsite
– Managers Residence
+ Single storey home on a 324 m lot
+ 3 bedrooms, 2.5 bathrooms, office, single garage + one driveway parking spot
+ Two additional reserved parking spaces
+ Located in the Runcorn State High School catchment
+ Priced at $980,000
– Convenient Location
Close to M1, M2, M3, Eight Mile Plains and Garden City Westfield Shopping Centres, and local schools.

Total Package
$1,960,000 for both the business and the managers residence.

DISCLAIMER
The agent gives notice that:
1. The figures and information disclosed in this Information Memorandum are provided by the vendor. All intending purchasers are to make their own enquiries and assessments as to the accuracy or otherwise of the information supplied by the vendor.
2. It must be noticed that agent has no access to full sets of accounts or legal documentation for verification purposes. No liability for the information will be accepted by the agent and parties should make their own investigations as to the accuracy of these figures and information.