Property Ref: 71013
Motel, restaurant, bar business for sale - fringe Auckland Super City
Situated under one hour’s drive from the Auckland CBD, in one of New Zealand's fastest growing regions, this tourism and hospitality business is a substantial 14 unit motel, restaurant, conference centre, wedding venue, gaming lounge and pub.
The area is a close seaside community with considerable growth forecast in the next few years as the Auckland Super City expands to accommodate the growing population. The growth is already evident with the extra building and development in the area. The permanent residents now include more young families in addition to the retirees and holiday makers that the community consists of. This expansion will be reflected in the growth of this business as there is no direct competition.
The business comprises:
12 well appointed deluxe studio units
2 two bedroom executive suites
Sports bar with gaming lounge
Restaurant and bar
2 Function venues
2 bedroom owner/managers accommodation
Strong forward bookings to March 2020
Price $497,000 plus SAV plus GST (If any)
Register online to access the financials and relevant business information.
“This is a great lifestyle opportunity where you and your family can live in a delightful seaside location which offers golf, wineries, art galleries, numerous water activities and much more. Having lived there for several years we can tell you first hand that it has a great deal to offer. The Business itself is simple to operate with an excellent team in place. For the right couple, this will provide the perfect lifestyle with excellent income.”
To access and download full confidential individual files on businesses for sale on this website, you must first be registered and have ticked the box that you agree to the strict terms and conditions of the confidentiality agreement provided by TourismProperties.com - A two minute process! If you are already registered, you can request full access to this listing’s confidential files by logging in with your existing user name and password. Tom Crawford will quickly respond confirming your approval. When your business broker, Tom Crawford, emails you access approval you must be logged in to this website to download the confidential files.
Profit-and-Loss-year-to-Date-1-April-2018-28-February-2019-1-1.pdf - 31.3 KB
Alcohol-License.pdf - 211.4 KB
Gaming-Licenses.pdf - 1.7 MB
Staff-and-wages.xlsx - 8.7 KB
Deed-of-assignment-of-lease.pdf - 2.0 MB
Lease-dated-8-Nov-2012.pdf - 11.9 MB
Copy-of-Chattles-as-of-25-03-2019-1.xlsx - 16.8 KB