Cairns Night Markets is a thriving business attracting 2.7 million people annually through its doors, assisting greatly in attaining a high occupancy rate of 96% throughout the property.
Boasting an extremely large net profit in excess of $400k, this is a terrific opportunity for an operator seeking the benefits of a management rights business without the residential aspect involved from an accommodation point of view. As there is no residence to purchase, there is no residential requirement.
Additionally, there are no set office hours. The agreements require administrative duties only, with Body Corporate providing payment for cleaning duties. This is an outstanding business opportunity for a commercially minded person.
Interested? Why not give Shane Croghan a call on 0418 451 006 or shanec@resortbrokers.com.au