Property listing ID: 4089361
This proven 3 & 4-Star modern accommodation complex presents an outstanding opportunity to acquire a profitable and scalable business in one of Northland’s high growth regions. Located in the Bay of Islands, this established operation delivers strong cashflow supported by solid financial performance. This business benefits from balanced monthly income, driven by a reliable corporate client base and steady leisure demand. High occupancy rates and a diverse mix of room offerings provide resilience across seasonal cycles. The business’ strong and trusted reputation among new and returning guests is supported by a range of well-appointed fully serviced room offerings and apartments to suit varying budgets and requirements. Operating from a well-presented, modern complex, the premises features quality improvements and premium guest amenities including a swimming pool, spa, BBQ areas and landscaped grounds. The business is offered with a long-term lease, ensuring operational certainty and stability of tenure. This is an exceptional opportunity for an experienced operator or investor to secure a leading accommodation business with proven systems, strong brand presence and continued growth potential. KEY FEATURES: • Profitable leasehold going concern accommodation business • Opportunity to secure a long-term lease • Dynamic Bay of Islands location • Proven 3 & 4-Star complex with premium facilities and parking • Strong corporate and repeat clientele • Diverse, high standard room offerings • Strong guest rating reviews For Sale: Business only: $1,900,000 + SAV + GST (if any) Freehold Going Concern (Land, Buildings and Business): $13,000,000 + SAV + GST (if any) Please note, if a purchaser elects to purchaser the business only, the property will be sold concurrently, with investors ready to purchase the property alongside the incoming business owner. Confidential details are only available upon completion of a confidentiality agreement. Contact us now for more information.
Listed by Barfoot & Thompson , Regan Polglaze (Kerikeri)