Management rights for sale, Regional Queensland QLD
Photos: Benchmark Business Sales & Valuations
Under offer
Benchmark Business Sales & Valuations has marked this business under offer. A sale is in progress, and the business may come back to market if it does not go ahead.
About the business
A management rights business in regional Queensland, made up of a commercial laundrette, a caretaking and letting business with a long-term caretaking agreement, and a three-bedroom residence with purpose-built business premises in Port Douglas. The caretaking agreement is 17 years, CPI-linked, running to October 2043. The residence has three bedrooms and two bathrooms, beside the purpose-built business premises. The laundrette plant and equipment are included, and a trained relief manager is in place. The sale includes a substantial property component rather than goodwill alone. The broker reports that the businesses can be run as one integrated owner-operator operation.