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Businesses for Sale in North Ward, QLD

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NORTH WARD, QLD
Business Only $450k
Business Only means no real estate to buy which makes your dollars go further!And with a large body corporate salary of $141.5k providing income security, plus the massive upside of Real Estate sales, this is an opportunity not to be missed!Key Details Nett Profit Circa $157,000 Business Price: $450,000 Business Return on Investment: 34%+ Body Corporate Salary $141,536 55 Units Across Two Towers 6 Units in Letting Pool 5 Additional External Properties Managed Genuine Business-Only Management Rights No Requirement to Purchase a Manager's Unit Approx. 15 Years Remaining on Agreements Intended Top-Up Application at Next AGM Supportive Body Corporate Committee Reception Area Available for Business Operations Additional Sales Commission Opportunities 9 Sales Completed in the Past 12 Months Over $8 Million in Recorded Sales ActivityA rare opportunity to acquire a genuine business-only management rights operation generating a nett profit of approximately $155,000 per annum and underpinned by a Body Corporate salary delivering over 90% of Profit providing income securityFulton Gardens comprises 55 units across two residential towers and benefits from a manageable internal letting pool of six units, together with a further five external properties under management. The business also presents additional income opportunities through property sales, with nine sales completed within the complex over the past 12 months, representing more than $8 million in transaction value.A key point of difference is the recent decoupling of the manager's unit from the management rights agreements following a successful Body Corporate vote. This creates a true business-only operation, allowing the incoming purchaser to operate the business without the requirement to purchase or occupy a manager's residence.The current owners enjoy a strong working relationship with a supportive Body Corporate Committee. With approximately 15 years remaining on the agreements and an intended top-up application at the next AGM, the business offers both immediate tenure security and future upside.A reception area is available for business operations and additional office space may be available for lease if required.Business-only management rights opportunities are rarely offered to the market. Fulton Gardens combines strong recurring income, low capital entry requirements, operational flexibility and future growth potential in a tightly held Townsville location.Contact Joel McCartin for further information.**RAS360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks****Note:** The adjusted Profit & Loss Statement shows a net profit of $157,042 for the complex, including $18,161 income from external letting income. The net profit has been priced at a 2.91x multiplier, and the external letting income has been priced separately at a 2.5x multiplier. This gives a total business price equal to a blended multiple of 2.87x net profit.All offers should be submitted on the basis of this calculation, with the understanding that the external letting income has already been taken into account when setting the listing price.
POA
Phone enquiries - please call 1300 594 794 and quote property ID 35648. An exceptional opportunity to own and operate Aussie Thai Fusion, a well-established restaurant in the heart of Townsville. Renowned for its unique fusion of Australian and Thai flavors, this beloved eatery has been a local favourite for the past 9yrs, with loyal clientele & repeat business.Whether you're an experienced restaurateur or an aspiring entrepreneur, this turnkey business offers a proven track record and the perfect platform for continued success.Key Features:Established Reputation: Known for its delicious Aussie-Thai fusion cuisine, the restaurant has garnered glowing reviews on TripAdvisor and Google, earning a solid customer base. Excellent online presence.Prime Location: Centrally situated in Townsville, providing excellent foot traffic and easy accessibility for locals and tourists alike.Flexible Lease Terms: 2-3 years remaining on the lease, with the option to extend, offering security and flexibility for the new owner.Experienced Support: Owner is available to stay on & upskill new owner, ensuring a smooth transition and valuable insights into the business operations.Proven Profitability: A consistent performer with strong repeat business, making it a reliable and sustainable investment.Why Choose this business?Diverse Menu: A unique blend of Australian and Thai-inspired dishes appeals to a broad customer base, ensuring continued demand.Loyal Clientele: A well-loved dining destination for locals, with a steady flow of repeat customers and excellent community rapport.Turnkey Operation: Fully equipped kitchen, Coldroom 2.8m x 3.6m plus 70 x 20w solar panel. Well-trained staff, and established processes allow you to hit the ground running.Growth Potential: Opportunities to expand through catering, delivery services, or even franchising the successful brand.Your Opportunity:Aussie Thai Fusion represents more than a business; it's a chance to immerse yourself in Townsville's vibrant dining scene while owning a successful venture with a solid foundation for future growth. With hands-on support from the current owner and a loyal customer base, youre set up for success from day one.Selling on a WIWO basisDISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Introduction to Businesses for Sale in NORTH WARD

Exploring a business for sale in NORTH WARD can open the door to a future full of opportunity, flexibility, and financial reward. NORTH WARD offers a combination of economic activity, lifestyle appeal, and community support that gives new business owners a head start. By looking for a business for sale in NORTH WARD, you're stepping into a market where you can immediately connect with a built-in audience, benefit from established trade, and position yourself for growth in an environment that already knows and trusts the business you're buying.

A business for sale in NORTH WARD often comes with valuable benefits like existing supplier relationships, experienced staff, and a reputation built over years — sometimes decades. Whether you're looking at a café on a busy high street, a retail store in a thriving precinct, or a large-scale operation with multiple locations, there's a business for sale in NORTH WARD that can match your skills, budget, and long-term goals.

Types of Businesses for Sale in NORTH WARD

One of the best things about searching for a business for sale in NORTH WARD is the sheer variety of opportunities available. You might be interested in a well-established hospitality venue buzzing with regular patrons, a professional services firm with a strong community reputation, or a retail store that benefits from both local and tourist trade. For hands-on operators, a small family-run business could be the perfect fit. If you're looking for scale, a manufacturing facility, logistics company, or multi-site franchise could provide the growth potential you need.

How to Choose the Right Business for Sale in NORTH WARD

Finding the right business for sale in NORTH WARD is about understanding the local market, recognising genuine potential, and ensuring the business matches your goals. Before committing, review financial records, assess customer loyalty, and understand the competitive landscape. Consider lease terms, staffing, supply chains, and any seasonal trends that could affect operations. AllBusiness connects you directly with owners and brokers, allowing you to compare opportunities and make informed decisions.

Benefits of Buying an Existing Business

There's a reason so many entrepreneurs look for a business for sale in NORTH WARD instead of starting from scratch — it's often the fastest, safest path to profitability. An established business already has customers, systems, suppliers, and staff in place, which means you can start generating revenue from day one. You also benefit from the brand's reputation and goodwill, existing operational processes, and word-of-mouth referrals that take years to build from the ground up.

How AllBusiness Helps You Find the Best Business in NORTH WARD

Searching for the right business for sale in NORTH WARD can feel overwhelming when there are so many listings to sort through. AllBusiness makes it easier to identify opportunities that not only look promising on the surface but also have the underlying strength to support your long-term success. Our platform connects you directly with owners and licensed brokers, allowing you to compare opportunities, review key details, and make informed decisions — from shortlisting businesses and arranging inspections through to understanding negotiation and settlement.