www.nzbizbuysell.co.nz/115804
Ad ID: 115804

Management Rights Business for Sale Nelson

Beachfront Management Rights for Sale in stunning Tahunanui, Nelson. This opportunity has substantial value with 15 years remaining on a 25 year contract with the Body corporate and a 2 x 5 year rights of renewal, alongside 20 apartments in the current letting pool. 

Location:
Asking:
$350,000
By Negotiation

Why buy this Management Rights Business

Management Rights Business for Sale Nelson

Guaranteed building managers salary complimented by apartment letting provide vendors strong earnings and an enviable lifestyle. With the option to rent an apartment you can secure this business and have capital remaining. 

Beachfront Management Rights Business for Sale Tahunanui, Nelson. In the prime location of Tahunanui Beach, Nelson, you'll be ideally positioned to take advantage of the regions many attractions, including restaurants, beaches, wineries, and many more in the Tasman Bay region. For the first time since inception the original owner is offering the management rights to this premier apartment complex after building the business from its first days over 15 years ago.  As the manager of the Sands Apartments, you'll be responsible for overseeing the day-to-day operations of the main building complex, coordinating general maintenance, repairs and reporting to the body-corporate alongside this you have the limited rights to manage the apartment letting & bookings ensuring that guests are provided with the highest levels of service and comfort.

This management rights opportunity has substantial value with 15 years remaining on a 25 year contract with the Body corporate and a further 2 x 5 year rights of renewal available, alongside 20 apartments in the current letting pool. With the combination of a guaranteed building managers salary complimented by the apartment letting side of the business where there is considerable potential for growth and expansion over time vendors can expect annual earnings in region of 100-150K .  

Furthermore with the option to rent an apartment you will be attracted by knowing you can secure this business and have capital remaining.    

This is your chance to become the owner and operator of a successful business, with a proven track record of delivering exceptional service and outstanding results.

This is a truly unique opportunity what you have been looking for!

Some details of this listing are confidential and can only be disclosed during a due diligence period with interested buyers

Business Resources

Included in the sale is a comprehensive management operations pack that details day to day operations for the building complex & the apartment letting. 

The apartment letting has been run since inception and continues to be today via an RMS Cloud based management system (subscription software) which provides not only booking systems but also comprehensive management & owner reporting.    

Cleaning of apartments is completed by a core group of staff employed directly by the current owner-operator. 

As part of the sale a two week handover period (*negotiable) is offered should it be desired whereby existing manager will ‘buddy’ the new owner on all the systems and day to day operations for the business.

For more info
Contact: Neville Smith (Owner)

Neville Smith (Owner)

021327202
9-5pm daily

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