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Property Ref: 42040

Well-Established, Highly Profitable, Adventure Lodge & Motel Business for sale, National Park

Property Type: Lodges, Motels, Backpackers, Other Accommodation

Sale Type: Leasehold Interest (Business)

Region: Central Plateau

Physical Address: Carroll Street, National Park, New Zealand

Price: LEASEHOLD BUSINESS FOR SALE, Asking Price $575,000

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

Top Business in a Top Location – Act Fast & Reap the Rewards!

Here is opportunity plus: a strong, very profitable accommodation and transport business in Tongariro National Park, in the central North Island of New Zealand.

National Park has historically been associated with winter skiing at Whakapapa or Turoa and that remains important.

Ski season is about to hit and it does get extremely busy especially from July through to September every year.

Good forward bookings are in place already especially from Australians even during these trying  Covid times. Ski sport is a favorite sport for many New Zealanders and they repeat this every year and comes closer to the mountains to experience this. A big chunk of the business comes from summer outdoor activity fans: notably the Tongariro Alpine Crossing, tramping, kayaking, mountain biking, and more.

Adventure Lodge & Motel is ideally located to welcome visitors to this year-round adventure playground.

The Lodge

On the ground floor are a commercial kitchen, licensed dining room with superb bar, guest kitchen,  1 x guest lounge with massive stone fireplace, separate male and female amenities, drying room, 3 x double accommodation rooms, 1 x family room (sleeps 4 x) –  plus a self-contained staff apartment.(this can also be rented out)

The upper level has a mezzanine lounge with two wings each side left and right – 2 x fire rooms (for staff quarters),  2 x twin share rooms, 2 x double rooms with extra single bed (sleeps 3 x ) and 1 x family room (sleeps 4 x)

Total 12 rooms

 

The Motel

The motel includes 7 studio units ( 3 queens, 3 twin-share, 1 accessible) and 2 x 1 bedroom units. All are very well-presented, newly redecorated, with double glazing and central heating. Guest amenities include laundry and spa. – Total 9 x motel rooms

 

Owners’ Accommodation

The business owners enjoy a very comfortable, private modern 144m2 home with 2 bedrooms and 2 bathrooms. The motel reception is attached to the home and there are large and convenient storage/workroom areas.

The Business

This business performs extremely well and has shown consistent revenue growth. Great operating Surplus. Motivated vendors wants action now. The lease has  25 years to run and the rent is reasonable.

The vendors have invested significantly over recent years to maintain the high standard of the property.  Effective marketing and systems are in place: the new owners will be immediately profitable while enjoying the lifestyle and supportive community.

This is a highly recommended Tourism business for sale in a top kiwi location!

For more information or to arrange your personal viewing, please contact sole agent and expert accommodation Business Broker, Kamal Sharma, on 022 0515 782 or email kamal@tourismproperties.com today.


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Lease

Trading Accounts 4 years to FY 2020

Revenue FY April 2020 to September 2020 During Lockdlown

Cash Flow Projections for April 2021 to March 2022

Transport Operational Data

Room Layout and Bedding Configurations

Chattel List

Lodge Floor Plan

Occupancy Comparison

Property Details

Property Type

Lodges
Motels
Backpackers
Other Accommodation

Sale Type

Leasehold Interest (Business)

Region

Central Plateau

Physical Address

Carroll Street, National Park, New Zealand

Price

LEASEHOLD BUSINESS FOR SALE, Asking Price $575,000

Contact Agents

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Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782

Email: kamal@tourismproperties.com

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