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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 $575,000+GST (if any)
Broker: Kamal SharmaMobile: +64 22 0515 782
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 in place already especially from Australians even during these trying Covid times. Ski sport is a favourite 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.
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 includes 7 studio units ( 3 queen, 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 a laundry and spa. – Total 9 x motel rooms
The Transport Business
The business holds a DOC concession for transport to/from the famous Tongariro Alpine Crossing and carries around 2,000 passengers per year.
Buyer must have ‘P'( Passenger) endorsement to drive the Bus on their License. This is however optional for the buyers in case they do not want to buy the Transport Business but is highly recommended to have one.
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.
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!
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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
Lodge Floor Plan