Peter Ross

Peter has most recently been directly involved in the Management Rights sector operating a 40 apartment complex on North Stradbroke Island. Peter and his wife Christine purchased the business in December 2013. At that time, the complex was quite tired and run down. When the business was sold in October 2019, it had been improved by a factor of over 50% and realised a net profit in excess of $500,000.

With the purchase, ownership and management of this business, Peter has developed many ‘hands on’ skills which now place him well to assist both potential purchasers to this exciting sector and current operators who are ready to sell their business and move on.

With regard to the process of buyer and selling, Peter strongly believes from his own experience – “The most important thing people should expect from their broker, whether buying or selling a management rights business – is honest and open communication. Until we found the broker that was right for us, so many times, we were ‘left in the dark’, and had to chase information ourselves. Just a simple follow up call or email is so important to let clients know the state of play, and how things are progressing. It can be quite an emotional process with a lot at stake, and it is important to feel valued as the client in my opinion”.

Peter describes himself as a good communicator, and someone who is motivated to building relationships with clients, aiming for as close as possible to a ‘perfect fit’ between willing vendors and purchasers to achieve a positive outcome for all concerned.