Price now reduced for this small complex in the heartland.

If you are looking for a established business in the heart of Toowoomba and in a fast growing region then this could be for you.

This small management rights operation has now come up for sale and offers the opportunity to have a successful business with well established repeat clientele all close to the Toowoomba Base Hospital, shopping, restuarants, tennis & the golf course. Many travellers choose this property for it’s convenience & service.

The managers residence is a 3 bed ensuite with the office attached and offers good size comfortable & affordable living.

The business offers 10 units of the 11 in the letting pool and is netting approximately $110-120k (TBC)

This is a hands on opportunity to enter your own business with minimal outllay, somewhere to live & with a great return in a massive growth location.

In summary:

- Managers res asking 300k
- Good net income $110-120k
- New BC agreements and BC salary of
$13400.
- Business asking price $400k.
- Multiplier under 3.

With the managers very motivated to sell the price has been reduced with the multiplier now under 3. This offers great value in a competitive market.

For further information on this business, please contact the agent Lindsay Petty @ RAAS Rights on mobile 0407 029 138 or email lindsayp@raas.com.au

Remember talk to RAAS first regarding all your MR needs.