RENT ROLL & REAL ESTATE BUSINESS SALE AND AQUISTION ADVISERS
Eastern Suburbs & City Fringe
Sydney
State:
New South Wales, Australia
Region:
Sydney, NSW, Australia
Agency & Rent Roll Sale
Circa 134 managements currently
Average Annual Management Income (AAMI) per residential management is $2,134.95 (Ex. GST)
11 Retail tenancies with Average Annual Management Income (AAMI) $3,563.06 (Ex. GST)
Annualised Management Fee Commission Income of approx. $283,705.00 (Ex. GST)
Additional fees and recovered expenses (12 months) of approx. $51,522.00 (Ex. GST).
Total annualised management income of circa $335,000.00 (Ex. GST)
Sales typically exceed $1,000,000.00 into the multimillion-dollar range.
Vendor is seeking a sale of the business as a going concern. I.e. Take over company, premises etc.
The business operates from two locations. One in the Waverley Council area, and one in the Sydney City Council area.
Owner is seeking to retire. However, is happy to work with the purchaser’s post completion/settlement to bed down the transition.
This is an ideal opportunity for established businesses in the Sydney CBD, Eastern Suburbs, or Inner West that are seeking to expand their sales and property management market share in these lucrative cornerstone Sydney markets.
Don’t delay. Contact John directly today.