A strategic price reset materially increased enquiry. Strong lease terms and coastal positioning drove competitive interest and a premium result.
Features
Annual Revenue: $950K
EBITDA (15.5%): ~$147,250
Original Asking Price: $390,000
Revised Listed Price (≈30% reduction): $275,000
Final Sold Price: $295,000 (~7% above revised list)
Lead Time to Sold: 6 months
Settlement Date: 3 March 2025