PINEDALE BACKPACKER LODGE 

FREEHOLD GOING CONCERN FOR SALE 

A GREAT OPPORTUNITY TO PURCHASE A SUCCESSFUL BUSINESS AND A UNIQUE LIFESTYLE IN THIS POPULAR TOURIST TOWN

RIGHT IN THE METHVEN TOWNSHIP, CLOSE TO MOUNT HUTT AND JUST 1 HOURS DRIVE FROM CHRISTCHURCH, 5 HOURS FROM WANAKA/QUEENSTOWN

VERY COMPETITIVELY PRICED - PINEDALE BACKPACKER LODGE oozes ambience and character and is popular with guests for the facilities and accommodation provided. 

The Classic Victorian Villa, complete with veranda and a central hallway with carved trusses, has been lovingly restored in recent years and has 4 shared/family rooms (dorms) and a private twin room, with a capacity of 24 guests. There is an extensive list of chattels. Facilities include:

• Recently renovated bathrooms with gas Hot Water and water saving devices on the new taps and shower heads - energy efficiencies
• New Duvet covers
• Lockable storage and window locks
• 3 of the 4 dorms have double beds and can be used as private double rooms if required
• Two living areas, each with couches and dining tables. One has a log burner and boot drying racks. The other has a pool table and sunken fireplace!
• TV with DVD/Video and library. Digital aerial
• Internet Kiosks
• Fully equipped kitchen with dishwasher
• Built-in storage for skis and snowboards
• Ample on and off-street parking
• Ski-tuning shed in the winter - mountain bike storage in the summer
• 2 person sauna  

The separate two bedroom apartment was renovated in 2008 including a bedroom extension, new kitchen and laundry, new gas hot water system, heat pump and double glazing throughout. The apartment sleeps up to 4 people and has a fenced private garden.

Marketed as a two bedroom apartment, demand is strong during both winter and summer months due to the shortage of holiday homes/apartments in the town.

Pinedale as a Business
The current vendors have taken this business to another level with positive growth in revenue and guest nights over the last 3 years and achieved significant recognition by way of:
Pinedale was the Backpacker Accommodation Winner in the recent Ashburton District Tourism Awards (2009) 

In May 2010, Pinedale was assessed as a 4-Star Backpackers by Qualmark, Tourism NZ/s Official Quality Agency (this rating given for excellent facilities, services and procedures!

The vendors have developed a policies and procedures manual which will greatly benefit new owners. Their on-line rating by guests consistently rates PINEDALE NUMBER ONE IN METHVEN!!

Smart and effective marketing by way of brochures (and where they are distributed) and on the Internet - www.pinedalelodge.co.nz features information in 7 different languages and provides for instant and secure bookings. A channel management system automatically updates room availabilty on separate websites!

Owners Accommodation
The vendors currently live in the home adjoining the Pinedale Lodge property. It is an affordable home with 3/4 bedrooms, 2 bathrooms (1 ensuite), and a ducted heat-pump system. The reception is based in a small office leading from the central courtyard between the home and the lodge.

New owners have several options including:

1.Renting a home in Methven away from the Backpackers

2.Living in the two-bedroom Apartment

3.Considering the purchase of the owners home. This is the ideal situation as the home was originally used also as backpacker accommodation. The vendors are prepared to accept an offer for both properties. Further details will only be available to genuine buyers.

Brokers Comment
Pinedale Backpacker Lodge has a good reputation, offers unique, quality facilities to guests, is an Award Winner and rated highly by NZ's leading accommodation agency - Qualmark.
The current vendors have implemented strong, efficient systems and procedures, a great website, tol-free number of 0800 METHVEN and innovative marketing ideas - all of which come with the sale of the business.
Methven is a popular Tourist Town with the Ski-season being the boom trading period. The Christchurch Earthquake has resulted in increased business for the town from both domestic and tourist travellers. Summer trade continues to increase each year and this business receives income over the summer months from renting the Lodge. The Apartment is also popular all year round.
The proposed NZ Mountain Bike Track and Planned Hot Pools can only be positive for the town and accommodation providers. This is a great opportunity to buy a good business and freehold property. A smart investor would also consider purchasing the family home owned by the vendors adjoining the backpacker property.

Sale Price $499,000 plus GST (if any)

WHAT TO DO NOW? 
To request financial and other information about this great opportunity, follow this link HERE to our confidentially agreement registration page, then you can request access to the downloadable information by clicking the ‘Click Here to Request Full Access’ under the downloads section on the right hand column of this page. This will give you almost immediate access to the documentation we have on file, and any further information you require we will source for you.

Tourism Properties is New Zealand’s Number One Specialist Business Broker Company for the Tourism and Hospitality Industry. We have more listings and more Brokers than any other company within New Zealand. All of our listings can be viewed from our site and access to the relevant documentation is available there too. We sell Hotels, Motels, Restaurants, Bars, Cafes, Lodges, Taverns, Adventure Tourism, Leisure Tourism, Accommodation Businesses and much, much more.

If you can sleep in it, eat in it, drink in it or play in it, and it makes money, we sell it.

Methven is a small town in the Canterbury region of the South Island of New Zealand. It is located near the western edge of the Canterbury Plains, 35 kilometres north of Ashburton.

Nearby, Mount Hutt rises to the west of the Canterbury Plains in the South Island of New Zealand, above the braided upper reaches of the Rakaia River, and 80 kilometres west of Christchurch. Its summit is 2190 metres above sea level.
 
The mountain is home to a commercial alpine ski area with the largest ski able area in the South Island (3.65 square kilometres), and a vertical height of 683 metres.
 
It caters for a wide range of skiers, with a "magic carpet" lift for beginners, good intermediate and advanced runs, and access to large off-piste areas. The most advanced runs on the mountain are through the rock formations at the top of the field known as "The Towers", and the South Face.
 
The snow season is from June to October. Mount Hutt prides itself on and historically has been the first ski-field in the Southern Hemisphere to open at the beginning of each season. Mt Hutt's facilities include a high-speed six seater chair, a quad chair, triple chair and magic carpet.
 
Since there is no accommodation on the mountain, most visitors stay in the nearby town of Methven, a 35 minute drive to the mountain. The larger town of Ashburton is 55 minutes away. The city of Christchurch is just over an hour's drive away.
 
Christchurch is the largest city in the South Island of New Zealand, and the country's second-largest urban area. It is one third the way down the South Island's east coast, just north of Banks Peninsula.