Price
$765,910
Profit *
$276,000
Sales Revenue
$950,000
Location
Waikato Region, Waikato
Category
Professional, Property/Real Estate
Listing #
WK00373
Profitable Rental Accommodation Business
Are you ready to step into the lucrative world of rental accommodations? We present you with an incredible opportunity to own a thriving rental accommodation business that promises consistent income and endless potential for growth within the Waikato area.
Business Highlights
Expected turnover at 100% Occupancy $950,000 of the current available houses.
Expected profit to a working owner $273,544 after expenses and an annual management fee to a working owner of $80,000. (Mostly part time hours)
Houses are continually been added to the pool, the current portfolio is operating at 85% Occupancy.
Current owners are happy for an outright sale or a sale of shares option. Great handover offered to ensure consistency and further growth for the new owner. This can be discussed further with broker.
Don't miss out on this golden opportunity to own a successful rental accommodation business. Take the first step towards financial independence and make your entrepreneurial dreams a reality.
Therese Bailey, 021 707 641, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #Waikato #rental #accommodation
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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