Just Cabins - Auckland

Huge potential, year upon year of continued growth, proving this business is recession proof in the current environment.
This business is best described as a high performing property investment. For the same price as a typical rental property in Auckland returning $900 per week you can buy this cabin rental business returning circa $4,700 per week and it continues to grow! That’s a ‘cap rate’ of over 12.7% ROI with Tangible assets making up over 72% of the purchase price.
The present owner operates the East Tamaki area (which includes neighbouring suburbs) under an exclusive franchise agreement and any purchaser will be joining the very exciting and rapidly growing Just Cabins Nationwide Franchise group.
Just Cabins is a long-term rental company. Cabins are rented out as sleep outs, home offices, site offices and many other uses.
The new owner has the opportunity for either a part-time passive income that can easily replace a salary or this business can be run in conjunction with another business ventures or work. With only 10 hours per week estimated by the current owner to run the business, this opportunity would suit a semi-retirement lifestyle OR combined to compliment your current working hours as it can be managed from a home office or remotely anywhere within the greater Auckland region.
Purchase price is for a turn key operation of 62 cabins (including the fully set-up display cabin), use of the complete award-winning business system, delivery vehicle (optional, and not currently included in sale asking price) transport and installation system, the marketing benefits of the Just Cabins website WWW.justcabins.co.nz, nationwide marketing and the 0800JUSTCABINS contact number. Cabins rent for $80 per week (standard-size), $100 (large-size) and $120 (extra-large size). Please note, price may vary as cabins are added to the fleet to meet ongoing demand. Detailed information will only be made available to genuine, potential purchasers who sign a comprehensive confidentiality agreement.