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As the world’s most trusted business brokerage, LINK is dedicated to managing the sale of businesses with the highest standards of ethics, confidentiality, and integrity.
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$276,000
$950,000
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, therese.bailey@linkbusiness.co.nz
***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.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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